Italy: Ransom Demand for Dead Banker

ByABC News
March 23, 2001, 2:43 PM

March 23 -- When thieves stole the body of Italy's most famous banker from his family tomb last week, the field of suspects ranged from satanic cults to revenge seekers to members of a mystical gnostic conspiracy.

There was even a theory that thieves had stolen the body of Enrico Cuccia in search of secret documents hidden in the coffin.

But it now appears the most obvious motive was the correct one: extortion.

Media reports say people close to Cuccia have received a ransom note for the body, demanding a sum equivalent to $3.5 million.

The note included the number of a foreign bank account, and a photo of Cuccia's coffin inside the mausoleum, which is normally closed.

The note and picture followed a week in which investigators were forced to sort through a stream of less credible claims of responsibility.

One came from a group calling itself "Social Unemployed."

Another claimant said he was a man who said he had lost a lot of money on the Milan stock market.

The anonymous letter writer said he would only give back the body, without seeking a ransom, if the market went back up. He wrote: "You think I'm crazy, but I'm only desperate."

The only motive police have ruled out completely so far is vandalism.

Police say it was a "professional job" it would have taken at least three people to smash open the marble tomb and remove the coffin.

Who Was Cuccia?

Cuccia was the founder of Mediobanca, at one time Italy's only merchant bank, and a pivotal player in the industrial development of Italy after World War II.

Cuccia was also known to be a consummate dealmaker, and Italian newspapers have pointed out that a man of his influence was sure to have made enemies.

He died in June at age 92, and was buried in a mausoleum on the grounds of the family villa in Meina, a village of 2,000 people on the shores of Lake Maggiore in northern Italy.

Cuccia's son, Beniamino, said the theft was discovered by a caretaker who had gone to lay flowers