Rome

Bulgari assets seized in tax probe

Luxury company suspected of hiding three billion in revenue

Bulgari assets seized in tax probe

Rome, March 14 - Italian police on Thursday seized 46 million euros worth of assets belonging to Italian luxury goods company Bulgari in relation to a tax-evasion probe. The assets included Bulgari's property on Rome's chic Via dei Condotti shopping street. The company is suspected of having hidden from the authorities some three billion euros of revenue since 2006.

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