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Italian mafia bonds sold to global investors

Instruments were backed by front companies charged with working for the ’Ndrangheta organised crime group

International investors bought bonds backed by the crime proceeds of Italy’s most powerful mafia, according to financial and legal documents seen by the Financial Times. In one case, the bonds — backed in part by front companies charged with working for the Calabrian ’Ndrangheta mafia group — were purchased by one of Europe’s largest private…



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