Anti-Mafia authorities say the Guardia di Finanza and tax Police of Reggio Calabria seized assets worth over 450 million euros allegedly owned by the ’Ndrangheta or Calabrian mafia .
Police arrested 20 individuals on charges of mafia association and reinvestment of dirty money made from mafia rackets
The illegal cash was invested in turist and residential real estate complexes
located in the most beautiful beach areas in the region of Calabria
Authorities claim the investigation had a strong international flavor.
It was ”joint ventures” between members of the mafia in Calabria and Spanish entrepreneurs who created a complex network of companies, both Italian and foreign, secured by mafia muscle