ITALIAN INVESTIGATORS BUST INTERNATIONAL TAX EVASION AND LAUNDERING RING INVOLVING F1 SPONSORSHIPS
June 1st, 2019
Just four months before Italy’s much-anticipated Formula One (F1) Grand Prix was set to roar through the Monza racetrack on September 6-8, (2019), a major arrest involving money laundering within FI was made in Dubai. Luigi Provini was handcuffed in the United Arab Emirates (UAE) emirate and placed on a direct flight to Rome, for questioning by Italy’s Financial Police (Guardia di Finanza - GdF). He has been charged for his involvement in a multi-million Euro international tax evasion and laundering ring involving corporate sponsorships made to F1 drivers and ...
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