Mafia Is Italy's Largest Business, Biggest Banker

Mafia Is Italy's Biggest Banker

While the report was being released today, anti mafia kept up their fight against organized crime clans in the country by seizing more than 50 million Euros ($63.8 million) worth of Mafia assets in the Sicilian southern city of Catania and other parts of Sicily, seizing properties, companies, land and stopping a number of bank accounts.

Italy's anti mafia department announced Monday it has seized three billion Euros ($3.8 billion) in assets from the Camorra, the powerful Neapolitan mafia, since the department started operations in 1991.

Last December, police were jubilant when they captured one of Italy's most wanted fugitive mob bosses, Michele Zagaria, who had been on the run since 1995 and considered to be the last major boss of one of Italy bloodiest mafia clans. Zagaria was wanted for murder, extortion, kidnapping, mafia association and other violent crimes.

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