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Audio-video piracy ring busted

Top management at Verbatim probed, mafia links suspected

Redazione Ansa

(ANSA) - Naples, April 10 - Italian finance police on Thursday confiscated over 23 million blank CDs and DVDs and other assets following investigations into a piracy ring allegedly involving an important media storage company and the Campania-based Camorra mafia.
    Sixteen people were arrested in the operation, including several former or current top managers of the Italian branch of Japanese storage-media company Verbatim. Investigators claim the organisation used a close network of intermediaries to import blank CDs and DVDs into Italy without paying taxes thanks to a false triangulation involving societies located in tax havens or other EU states. The CDs and DVDs were allegedly destined partly for the legal market and partly to support audio-video piracy activities of the Neapolitan Camorra. Police carried out searches in Tuscany, Campania, Lazio, Lombardy and Puglia as part of the probe.
    Dozens of current accounts and other financial assets, vehicles, a yacht and properties were also confiscated.
   

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