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[SITUATION] · [ACTIVE] · [CRIME]

3 clusters · 27 sources · 8 days · First seen · Last updated

Giochi del Titano money laundering investigation

Overview

The Giochi del Titano facility in San Marino remains under investigation by the Ravenna Prosecutor’s Office and the Court of San Marino regarding an alleged money laundering scheme involving approximately 7.5 million euros. The probe has examined the use of simulated slot machine winnings and false invoicing to move funds, with San Marino’s Secretary of State for Finance, Marco Gatti, noting that internal controls may have been bypassed.

Following his interrogation, the Investigating Commissioners in San Marino revoked the precautionary measure against Salvatore Caronia, the general manager of Giochi del Titano. Through his lawyer, Tania Ercolani, Caronia stated he was able to demonstrate the “correctness of his actions” and clarified that his suspension from duties was voluntary to protect the interests of the company and the state shareholder.

The investigation has triggered political tension in San Marino. Opposition parties, including Repubblica Futura, Domani Motus Liberi, and Rete, met with the Captains Regent to denounce a lack of government transparency. Leaders expressed concern that the executive branch is managing the dossier behind closed doors, excluding minority parties from decisions regarding the state-owned company. Nicola Renzi of Repubblica Futura called for measures to protect workers and the nation’s reputation, while Emanuele Santi of Rete alleged that serious issues within the company had been flagged as early as 2023 during anti-mafia commission hearings, but that the government failed to act.

Entities

Giochi del Titano · Salvatore Caronia · San Marino · Elio Marino · ADM

Timeline

  1. [POLITICS] 2 sources
    Giochi del Titano investigation prompts transparency demands in San Marino

    San Marino opposition parties are demanding transparency from the government following a 7.5 million euro money laundering investigation into the state-owned company Giochi del Titano.

  2. [CRIME] 3 sources
    Salvatore Caronia: precautionary measure revoked in San Marino investigation

    Salvatore Caronia, general manager of Giochi del Titano, had his precautionary measure revoked following an investigation into an alleged 7.5 million euro money laundering scheme in San Marino.

  3. [INTERNATIONAL] 25 sources
    Giochi del Titano investigated for alleged 7.5 million euro money laundering

    San Marino's Giochi del Titano is under investigation by Italian authorities for an alleged 7.5 million euro money laundering scheme involving slot machines and false invoicing.

Sources

adhdkidsrock.com · alacademia.org.ma · ameve.eu · bbbrunes.fr · bocainademinas.mg.gov.br · epegard.fr · foirn.org.br · foodtechconnect.com · giornalesm.com · homorodalmas.ro · idolo.co.mz · ilrestodelcarlino.it · insider.sm · irpinianews.it · muzeumkarkonoskie.pl · najdouvas.cz · navcargo.com.br · news.tribunapoliticaweb.sm · periti.mo.it · powolania.klaretyni.pl · sanfermin.com · sanmarinortv.sm · simone.art.br · tmagazine.es · vehicleliverysolutions.co.uk · verbano24.it · vientianetimeslao.la

This summary has been updated 1 time: see revision history