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Paolo and Nicola Bulgari probed for fraud

Francesco Trapani also under investigation

14 March, 11:43
Paolo and Nicola Bulgari probed for fraud (see related story) (ANSA) - Rome, March 14 - Paolo and Nicola Bulgari are under investigation in relation to allegations the Italian luxury goods company hid some three billion euros in revenue from the authorities, judicial sources said Thursday.

The brothers are the grandchildren of founder Sotirio Bulgari and stakeholders in the company.

Another member of the Bulgari family, Francesco Trapani, is also being probed, along with the group's legal representative Maurizio Valentini.

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