Wednesday, March 6, 2013
IRA Militant On Run From Italian Police For Alleged Involvement In Mafia Money Laundering Scheme As Luxury Properties Worth Millions Are Seized
Steve Robson and Hannah Roberts at the British newspaper the Daily Mail offer a piece on a money laundering and luxury property scheme involving a former IRA member and Italian organized crime.
An IRA Militant is on the run from Italian police after they cracked an alleged money laundering scheme linked to mafia gangs.
A European arrest warrant has been issued for Henry James Fitzsimons, 63, a convicted terrorist from Belfast, after 20 alleged members of a criminal gang were arrested and assets worth 390 million during the operation.
He is accused of conspiring with the 'Ndrangheta mafia to launder drug-trafficking money by investing in luxury properties along the Calabrian coast of southern Italy.
The IRA allegedly sent Fitzsimons to launder drug-trafficking profits with the help of the Italian mafia gang 'Ndrangheta, according to the news agancy AGL.
Fitzsimons had invested around 12 million Euros with the mafia and a group of Spanish entrepreneurs to build resorts and luxury residences on some of the most beautiful, undeveloped beaches of Calabria, police said.
You can read the rest of the story via the below link: