Milan - A family of top Italian financiers was arrested
Friday on suspicion of embezzlement.
Brothers Ruggero, Aldo and Giorgio Magnoni, and the
latter's son Luca, were detained by tax police on suspicion of
conspiracy to commit fraudulent bankruptcy, fraud, embezzlement
and tax fraud.
Tax police said they had discovered the family siphoned off
100 million euros from a company they controlled, Sopaf.
Top financiers arrested
Magnoni brothers accused of fraud, embezzlement