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Telecom Italia in 'false SIM card' probe

Ninety-nine employees investigated, including management

21 March, 15:21
Telecom Italia in 'false SIM card' probe (ANSA) - Milan, March 21 - Ninety-nine Telecom Italia employees and managers are being probed for the alleged activation of falsified SIM cards and related criminal association from 2005 to 2007, said Milan investigators Wednesday.

Police searched the company's headquarters Wednesday and Telecom Italia CEO Marco Patuano, as legal representative of the telecommunications giant, was served investigation notification, though the probe predates his position at the helm.

Investigators allege that the SIM scam could have inflated 2008 profit statements by as much as 231 million euros.

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