The Italian fraudster Gianfranco
Lande was on Friday sentenced to four years in jail and ordered
to pay provisional damages totalling one million euros for
fraud, illegal financial activities and obstructing the
activities of the financial watchdog authority.
Lande, dubbed the "Madoff of Parioli", tricked savers out of
over 170 million euros.
Italian satirist Sabina Guzzanti and the film director
brothers Carlo and Enrico Vanzina are among those who suffered
financial loss at his hands.
ALL RIGHTS RESERVED © Copyright ANSA
