4 juillet 2025|
AI
|5 months agoItaly Uncovers Major Gold Smuggling Operation into Switzerland
Italian authorities dismantle smuggling ring that moved 600kg of precious metals to Switzerland, with 17 individuals facing trial in €26 million scheme.
AI
Generated IllustrationKey Takeaways
AI
- Italian authorities uncovered a major gold and silver smuggling operation into Switzerland
- 17 people are facing trial for the smuggling operation
- The operation involved 560kg of gold and 65kg of silver
- The main defendant is a businessman from Ferrara, Italy
- Eight additional suspects have accepted plea bargains
By The Numbers
€26 million
Total value of smuggling operation
€220,000
Value of seized jewelry
€100,000
Cash seized at Swiss border
They Said
"The precious metal was acquired in Italy, probably from illegal sources"