Italian Oil Heiress Arrested In Major Mafia Bust By

New Post Public Reply Private Reply Replies (0) Message Board
SaltyMutt
168
Italian Oil Heiress Arrested In Major Mafia Bust

By Tsvetana Paraskova - Apr 09, 2021

2021-04-09_g5evbqoi2c.jpg

Italian anti-mafia police and finance police arrested this week dozens of people, including an oil heiress, as part of an investigation into a massive tax fraud with oil products involving mafia clans.

As part of the so-called “Petrol Mafie” operation, Italian police arrested 71 people and seized assets worth US$1.19 billion (1 billion euro) on Thursday in a coordinated action across Italy targeting to bust money laundering and tax fraud schemes allegedly carried out by various clans of the Camorra and ‘Ndrangheta mafia organizations in southern Italy.

Clans from the organizations have allegedly used fake invoices for oil product supplies to launder money from illegal activities.

One of the persons arrested is Anna Bettozzi, the widow of oil entrepreneur Sergio Di Cesare. Bettozzi is a former realtor and a former aspiring pop star and also goes by the stage name Ana Bettz.

According to prosecutors and police in Naples, the investigations have shown that the mafia clans have permeated the legal economy, especially “the strategic petroleum sector.”

Investigators and police in Naples, Rome, Catanzaro, and Reggio Calabria have been investigating since 2015 various schemes of tax fraud and money laundering involving oil products and the mafia.

Bettozzi has been the undisputed leader of the schemes, the person most “in the know” in the petroleum business of all, also thanks to what she has learned from her late husband Sergio Di Cesare, the preliminary hearing judge Tamara De Amicis wrote in the arrest warrant.

According to Italian finance police and investigators, Bettozzi has received over the years liquidity from various clans of the Camorra to grow her struggling oil business, boosting the revenues of the company with fake invoices. In just three years, the turnover of the firm, Made Petrol Italia, jumped from just US$10.7 million (9 million euro) to US$439 million (370 million euro), Rome’s finance police have found.

The assets seized by the police this week include the company Made Petrol Italia, formerly known as Max Petroli.

By Tsvetana Paraskova for Oilprice.com

https://oilprice.com/Energy/Energy-General/It...-Bust.html
Scroll down for more posts ▼

Top 10 Most Recent News Articles

ChinaMarket: Linyi's Gateway for Global Buying Delegations

Updated Category News Views 31

Unlocking Trade Potential in Linyi, China Linyi, in Shandong province, has flipped the switch on the sourcing circuit with one powerful invite to global buying delegations. As we sit perched on the fence of an economically tangled world, China's open arms to Southeast and Central Asian buyers mark a significant shift towards more fluid trade connections. The Fourth Linyi...

Continue Reading
WhiteFiber's Q3 2026 Call: Key Insights Await Investors

Updated Category News Views 33

Eyes on WhiteFiber's Upcoming Earnings Call You know the drill—results call season can make or break some days for us investors. WhiteFiber, Inc. (NASDAQ: WYFI) is gearing up for their third-quarter earnings call on November 10, 2026, at 9:00 a.m. Eastern Time. As a player in the AI infrastructure game, expectations ride high. With their networks and data centers...

Continue Reading
P.S. Active Teams with Barrett for Logistics Boost

Updated Category News Views 35

Barrett Gets in the Game with P.S. Active Alright, picture this: an activewear brand hooked up with a logistics heavyweight. No, it's not just another round of corporate muscle-flexing—it's P.S. Active, spearheaded by Erika Hammond, partnering with Barrett Distribution Centers to elevate their fulfillment game from New Jersey's Somerset hub. The Stakes: More Than Just...

Continue Reading
Viatris Bids for Pacira: Strategic Healthcare Move

Updated Category News Views 16

Viatris Takes Strategic Step With Pacira Acquisition You ever notice how in the pharmaceutical games, it's not always the pills but the strategic moves that make the money? Viatris Inc., the global healthcare heavyweight, has just rolled the dice. They've initiated a tender offer to acquire Pacira BioSciences, a player in the non-opioid pain management market. Here's the...

Continue Reading
Cousins Lobster Hits Arkansas for Tasty Pop-Up Tour

Updated Category News Views 46

A New England Delicacy Rolling into Arkansas Folks in Northwest Arkansas are about to get a bite of the coast, and it's a big deal for any foodie out there who craves that authentic, no-frills lobster experience. Cousins Maine Lobster is setting out on a pop-up tour—a whirlwind of five days from November 11-15—bringing their joy-inducing lobster rolls straight from...

Continue Reading
Collective Scoops $100M, Powers Solopreneur's Financial Might

Updated Category News Views 120

Picture This: A Solo Businessman in 2026 Imagine a lone ranger running a show that used to take an entire office. That’s the magic happening with roughly 30 million solo businesses in the U.S. today, and folks, the numbers are staggering. As these one-man-bands push past clunky old systems, a big name is lighting the way: Collective. They raised a hefty $100 million to...

Continue Reading
Alfa Laval Secures EUR 1B Credit Facility Extension

Updated Category News Views 85

Alfa Laval Banks on a New Financial Horizon Forget your morning rituals, Alfa Laval just pulled off a maneuver that's got industry tongues wagging. Thanks to a new EUR 1 billion revolving credit facility, they've bolstered their financial defenses, setting a robust foundation for the future. The facility, no dink-and-dunk affair, carries an initial five-year maturity. And...

Continue Reading
QuidelOrtho's Podcast: AI & Informatics Elevate Labs

Updated Category News Views 76

Navigating Lab Complexities with QuidelOrtho Who'd have thought a podcast could shake the beakers in a lab? QuidelOrtho Corporation (NASDAQ:QDEL) proves the digital discourse is worth tuning into if you're eyeing diagnostic innovations lately. Episode 62 of their Science Bytes podcast unravels how AI and informatics are shifting gears in laboratory landscapes. The folks...

Continue Reading
Innovative Sonar System Seeks to Simplify Fishing Boats

Updated Category News Views 81

Navigating the Clutter on Fishing Boats You ever try setting up a sonar system on a fishing boat? It's like untangling a mess of Christmas lights. The cables, the hubs, the separate units—it’s chaos. Here's where a crafty inventor from Zumbro Falls, Minnesota, steps into the ring with an idea that's as refreshing as an ice-cold beer on a summer’s day: a centralized...

Continue Reading
Chemours Faces Securities Suit: What Investors Need to Know

Updated Category News Views 53

Sparks Fly Between Chemours and Its Investors There ain't no rest for the weary, especially in the cutthroat world of stocks where one misstep can have ripple effects far and wide. Today, we're eyeballing The Chemours Company (NYSE: CC), sitting right in the bullseye as shareholders light the torches and march for justice. Class Action Suit: The Lay of the Land Alright...

Continue Reading

Top 5 Most Recently Viewed Articles

Bank of America Faces Regulatory Orders to Improve Compliance

Updated Category News Views 498

Bank of America Faces New Regulatory Challenges The banking sector is once again under scrutiny as regulatory bodies enforce compliance measures to ensure financial integrity. Recently, Bank of America has found itself at the center of attention due to a cease and desist order issued by the Office of the Comptroller of the Currency (OCC). This order came in light of...

Continue Reading
Apply for Accessibility Grants to Enhance Interim Housing Support

Updated Category News Views 627

Accessibility Improvement Grants for Housing Providers In a significant step towards enhancing the safety and accessibility of interim housing, funding is now available to support crucial improvement projects for individuals with disabilities facing homelessness. This initiative is driven by notable collaborations aimed at making necessary improvements in housing...

Continue Reading
Groove Technology Solutions Introduces Breakthrough Guarantee

Updated Category News Views 153

Innovative Assurance with the Groove Guarantee Groove Technology Solutions, a pioneer in property technology for various sectors, recently unveiled the Groove Guarantee. This industry-first performance guarantee sets a new level of trust and accountability for their clients. It promises satisfaction backed by tangible incentives, aiming to foster strong partnerships and...

Continue Reading
Unlocking the Future of Marketing with Brain Buddy AI Solutions

Updated Category News Views 57

Enhancing Marketing Effectiveness with AI Brain Buddy AI is leading the way in AI-driven marketing solutions, focusing on empowering small to medium-sized businesses (SMBs) with advanced tools. This innovative company has introduced an impressive range of AI-powered solutions designed to optimize digital marketing strategies. Their primary goal is to streamline operations...

Continue Reading
Hydreight Technologies Emerges as Leading Innovative Force in Healthcare

Updated Category News Views 124

Hydreight Technologies Recognized as a Growth Leader Hydreight Technologies Inc. (TSXV: NURS), a pioneering digital health platform, has been honored by the Financial Times as one of the fastest-growing companies in the Americas for 2025. This award spotlights the remarkable innovations and dedication embodied by Hydreight in reshaping mobile and telehealth services....

Continue Reading