Police said Thursday
they have confiscated assets worth five million euros from
Calabrian mobster Domenic Passalacqua including 12 villas,
flats, and strips of land, a Porsche and a yacht.
Passalacqua, a businessman in the restaurant sector who
allegedly belonged to the Buda-Imerti clan of the 'Ndranghetà,
the Calabrian version of Cosa Nostra, was arrested in June 2010
and convicted in May last year of belonging to a Mafia
organisation as well as rigging public auctions, receiving a 16
year prison term.
An investigation by the DIA anti-mafia department in
Calabria determined that Passalacqua's assets were evidently
disproportionate to his declared income.
The Tribunal of Reggio Calabria ordered his assets be
confiscated including 12 real estate assets - villas, flats and
land - a Porsche Carrera 911 and an 8 metre long sports yacht.
The crackdown was the latest in a series of confiscations
of assets by the DIA from Calabria gangsters worth in all more
than one billion euros over the past three years.
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