State police have seized
assets worth five million euros from a 'Ndrangheta mafia clan in
the southern Calabria region, police said Wednesday.
They confiscated 24 apartments, two lots of land, a
clothing retailer and four insurance policies belonging to
brothers Vincenzo, Giovanni and Francesco Longo, aged 51, 48 and
46 respectively, and 25-year-old Rocco, son of Vincenzo.
The suspects allegedly run a criminal organization that
took over the public and private construction sector in and
around the town of Polistena, accumulating wealth well beyond
their declared income.
They also allegedly reinvested their ill-gotten gains in
companies and real estate under the names of their relatives in
order to evade anti-mafia regulations, according to
investigators.
The 'Ndrangheta is thought to be the most powerful of
Italy's mafias because of its virtual stranglehold on the
European cocaine trade.
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