Lamezia Terme, May 8 - Finance police arrested seven people on Wednesday in the town of Lamezia Terme, located in the Calabria region in the toe of Italy’s boot, for fraudulent bankruptcy, aggravated fraud and tax evasion regarding an auto-transport company. Police also seized six million euros worth of assets, including property, buildings, vehicles and company stock. The assets are worth the amount allegedly dodged in value added tax and corporate taxes. Italy has been ramping up pressure on tax dodgers by introducing a new system to flush out evaders through income and spending cross checks to gather funds for the bid to emerge from the debt crisis and balance the budget.
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di Sebastiano Caspanello