# Italian Police Uncover €110M Mafia Banking Scheme Using Crypto

- Source: Bitcoin News
- Published: 2026-10-22T16:15:53+00:00
- Category: Markets
- Original: https://news.bitcoin.com/crypto-news/italian-police-uncover-e110m-mafia-banking-scheme-using-crypto/
- Canonical: https://groundlevelnews.com/story/italian-police-uncover-110m-mafia-banking-scheme-using-crypto-c0a8dd/

Italian police have dismantled an alleged mafia-run underground bank that operated behind a car-rental business near Milan, processing more than €110 million in fake invoices and moving roughly €68 million abroad through banks and cryptocurrency. The investigation led to 30 court-ordered restrictions and the seizure of approximately €21 million in assets, exposing financial ties between […]

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