Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

6/28/2013 (1 year ago)

Catholic Online (www.catholic.org)

Police wiretaps, private planes, burned cell phones and overall complicity reads like spy novel

In yet another blow to the Vatican's image, a Senior Vatican Cleric has been arrested with two others in an international money smuggling case. Sixty-one-year-old Monsignor Nunzio Scarano, who worked as a senior accountant in the Vatican's financial administration, was arrested along with an Italian secret service agent and a financial intermediary. Scarano was already under investigation in a convoluted case that reads like a spy novel.

The gig's up, Monsignor Nunzio Scarano!

The gig's up, Monsignor Nunzio Scarano!

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

6/28/2013 (1 year ago)

Published in Europe

Keywords: Vatican, money smuggling, Monsignor Nunzio Scarano, Swiss banks, blackmail


LOS ANGELES, CA (Catholic Online) - Scarano is accused of reportedly trying to help rich friends smuggle tens of millions of Euros in cash into Italy from Switzerland.

It's expected the incident will prompt untold embarrassment to Pope Francis, who has pointedly rejected the ostentatious trappings of office and sought to stress the importance of a simple life of devotion.

The Vatican reports Francis has set up a commission of inquiry into the Vatican bank, formally known as the Institute for Works of Religion, which has been hit by a number of scandals in the past decades.

Arrested in a Rome parish and taken to Rome's Queen of Heaven jail, Scarano had hatched a plot to bring up to $52 million into Italy for a family of shipbuilders in his hometown of Salerno in southern Italy, magistrate Nello Rossi says. Rossi is already investigating the Vatican bank for money laundering.

Scarano is under separate investigation in southern Italy in relation to his accounts in the Vatican bank.

Scarano engaged Giovanni Zito, a paramilitary Carabiniere policeman on loan to the secret services, to help him get the money last July, which was in a Swiss bank, into Italy without tax and customs controls, Rossi says.

The third person arrested was Giovanni Carenzio, a financial broker with offices in Switzerland and the Canary Islands and who was acting as the fiduciary for the owners of the money.

It's not yet known how the money got to Switzerland in the first place.

The three originally planned to bring back 40 million Euros in cash. The amount was later reduced it to 20 million Euros. A private plane went to Locarno from Rome and waited several days before returning to Rome empty-handed. The cash never left Switzerland because of disagreements and nervousness among the three, Rossi said. Cell phones used in the caper were later burned.

The plane was to have been met on the runway of a Rome airport and the cash taken under armed escort to Scarano's home in Rome, Rossi said, calling the plot "intricately planned."

Zito, now serving time in a military prison, demanded the payment he had been promised for his services. Scarano gave Zito two checks, one for 400,000 Euros and another for 200,000 Euros. Zito cashed the first check but Scarano blocked the second before Zito could cash it by filing a false report that it had been lost.

Asked if money laundering was involved, Rossi said that would depend if the continuing investigation determined that the original source of the money was criminal activity.

"We are trying to determine the origin of the vast amount of money that was at the disposal of Scarano, who is the holder of several accounts at IOR," Rossi said.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for May 2015
Universal:
That, rejecting the culture of indifference, we may care for our neighbours who suffer, especially the sick and the poor.
Evangelization: That Mary's intercession may help Christians in secularized cultures be ready to proclaim Jesus.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Europe

Italian teenager miraculously survives being stuck underwater for 42 MINUTES Watch

Image of Italian boy [not pictured] survives being under water for 42 minutes.

By Hannah Raissa Marfil (NEWS CONSORTIUM)

A teenage boy from Italy has miraculously survived being stuck underwater in a murky canal for 42 minutes, although he will have to have is right like amputated below the knee over circulatory problems. Identified only as Michael, the half-German teen reportedly jumped ... continue reading


Poland to take in persecuted Christian families from Syria Watch

Image of A Christian cross and candles are seen on Pilsudski square in Poland to remember and honor the death of Polish leaders in 2010.

By Talia Ramos (NEWS CONSORTIUM)

The massive amount of persecution against Christians in Syria has led Poland to announce they are willing to take Christian families in. To start off, the Christian nation will initially welcome 60 families, but they are open to the possibility of resettling more ... continue reading


SOCCER WORLD STUNNED: Federation Internationale de Football Association's corruption 'systematic and deep rooted' Watch

Image of Members of the FIFA executive committee are led away by officers through the side exit of the hotel, with many using bed sheets to shield themselves from the public eye as they were placed in unmarked police cars.

By Catholic Online (NEWS CONSORTIUM)

Federation Internationale de Football Association or FIFA has been plunged into chaos after Swiss authorities arrested seven high-ranking officials at a five-star Zurich hotel. Two separate corruption investigations were launched. LOS ANGELES, CA (Catholic ... continue reading


Vatican Bank expands its profits 20 times over after period of scandal Watch

Image of The pontiff has made reforming the bank, accused of financial skulduggery, one of the priorities of his papacy.

By Catholic Online (NEWS CONSORTIUM)

The Vatican Bank, just a few short years ago was plagued with scandal and intrigue. Ordered by Pope Francis to clean up its act in late 2013, the Vatican Bank has bounced back - to the tune of doing 20 times as well as it had done previously. An upside is ... continue reading


Pope canonizes first Arabic-speaking saints in church's history Watch

Image of Sister Marie Alphonsine Ghattas, born in Jerusalem in 1847, opened girls' schools, fought female illiteracy and co-founded the Congregation of the Sisters of the Rosary.

By Catholic Online (NEWS CONSORTIUM)

It was seen as a gesture of goodwill to Christians living in the Middle East. Pope Francis described Palestinian leader Mahmoud Abbas as an "angel of peace" before canonizing two 19th century nuns. LOS ANGELES, CA (Catholic Online) - Sisters Mariam Bawardy and ... continue reading


Israel incensed as the Vatican recognizes the state of Palestine Watch

Image of Both the United States and Israel oppose recognition, arguing that it undermines U.S.-led efforts to negotiate an Israeli-Palestinian deal on the terms of Palestinian statehood.

By Catholic Online (NEWS CONSORTIUM)

The decision is an extremely unpopular one for Israel - the Vatican has recognized the State of Palestine in a new treaty. The treaty concerns the activities of the Catholic Church in Palestinian territory. It's a dramatic demonstration of the turnaround in the ... continue reading


Grandfather transforms three-bedroom home into stunning replica of Sistine Chapel Watch

Image of It took Robert Burns three times as long to complete his work as it took painter Michelangelo to complete his masterpiece in Rome.

By Catholic Online (NEWS CONSORTIUM)

It took 12 long years, but Robert Burns of Brighton, England has finally completed his dream project of turning his three-bedroom home into a replica of the Sistine Chapel. The 67-year-old former interior decorator was inspired by Renaissance painters and ... continue reading


Is the Holy See taking action against Medjugorje?

Image of

By Matt C. Abbott

Catholic Christians who are familiar with the alleged Marian apparitions in Medjugorje, Bosnia-Herzegovina, might be interested in the following developments. Although a definitive judgment has yet to be announced by the Church-a commission formed by the ... continue reading


Venus de Milo - a prostitute? New evidence offers intriguing new theories Watch

Image of A San Francisco-based designer has recreated the sculpture as a spinner, which was a pursuit popular with idle prostitutes in ancient Greece.

By Catholic Online (NEWS CONSORTIUM)

Sometimes what is missing fills in an otherwise incomplete story. There is new evidence suggesting that the model for the famous Venus de Milo statue may have been a prostitute. A new 3-D reconstruction suggests that the statue was spinning yarn in the manner ... continue reading


The mystery behind 'the Devil's Bible': Europe's largest surviving manuscript Watch

Image of

By Abigail James (NEWS CONSORTIUM)

Europe's largest surviving manuscript, the Codex Gigas, is commonly referred to as "the Devil's Bible' by many who are left baffled by the mysterious text. LOS ANGELES, CA (Catholic Online) - The manuscript, held in the National Library of Sweden in Stockholm, is ... continue reading


All Europe News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Sirach 51:12-20
12 And therefore I shall thank you and praise you, ... Read More

Psalm, Psalms 19:8, 9, 10, 11
8 The precepts of Yahweh are honest, joy for the ... Read More

Gospel, Mark 11:27-33
27 They came to Jerusalem again, and as Jesus was ... Read More

Saint of the Day

Saint of the Day for May 30th, 2015 Image

St. Joan of Arc
May 30: St. Joan of Arc is the patroness of soldiers and of France. On ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter