Singer Gino Paoli under investigation in tax evasion probe

Singer-songwriter allegedly took 2 million euro to Switzerland

(ANSA) Genoa, February 19 - Finance police searched the home of popular singer Gino Paoli Thursday after he was placed under investigation for alleged tax evasion and allegedly illegally exporting two million euros to Switzerland in 2008.
    Investigators began looking into Paoli's affairs as a spin-off from a separate inquiry into alleged fraud against the Carige bank, judicial sources said, tapping telephone chats between the singer-songwriter and Andrea Vallebuona, an accountant also used by the chairman of Carige.
    In one conversation the two talked about transferring two million euros to Switzerland using Carige's fiduciary centre.
    The two million were not declared to tax authorities, meaning Paoli would owe 800,000 euros in tax.
    The search of Paoli's Genoa home was to try and determine which Swiss bank the singer used to deposit the two million.
   

ALL RIGHTS RESERVED © Copyright ANSA



Change cookie consent