(ANSA) - Milan, May 4 - Finance Police in the Lombard city of Busto Arsizio on Monday arrested Baron Filippo Dollfus De Volckersberg, a Swiss financier who is suspected of masterminding a transnational money-laundering ring.
Milan prosecutors say the baron owns a holding company based in Lugano, Switzerland, which has helped corrupt Italians funnel and hide their illicit gains from graft, tax evasion, and money-laundering.
Police nab Swiss baron on suspicion of money laundering
Allegedly helped corrupt Italians hide their illicit gains