13 febbraio 2025|
AI
|10 months agoMajor Gold Smuggling Ring Uncovered Between Italy and Switzerland
Swiss customs authorities dismantle CHF25 million gold smuggling operation, leading to criminal charges against 65-year-old Italian national for illegal precious metal imports.
AI
Generated IllustrationKey Takeaways
AI
- Swiss customs authorities uncovered a major gold smuggling operation between Italy and Switzerland
- The operation involved approximately CHF25 million in diverted royalties
- The smuggling occurred between 2016 and 2021
- Gold was hidden in vehicle parts including dashboard, fuel tank, and seats
By The Numbers
CHF25 million
Total value of diverted royalties
CHF500,000
Proposed minimum fine
3 years
Proposed suspended sentence
They Said
"The presumption of innocence prevails until a final judgment is handed down"