Friday, January 28, 2011

Rome, Fioranelli arrested in Austria for insider trading

ROME, Jan. 28 - was arrested in Austria Vinicio Fioranelli, Fifa agent accused of insider trading in the investigation of the Prosecutor of Rome on the takeover attempt of his team AS Roma. HISTORY - was false, and this leads to speculation on the stock exchange, an attempt to climb to the Rome football in 2009 by the Swiss-German group represented by the agent and entrepreneur Fifa Vinicio Fioranelli Volker Flick, Daimler shareholder.

Of this I am convinced the investigators of the capital so that they would ask for some time and obtained arrest warrants against the two in jail facing charges of insider trading. The procedure for the enforcement of restrictive measures, and Flick Fioranelli residing in Switzerland, has already been started.

A call for the measures were the prosecutor in the Red and substitute George Oran. Tight-lipped on the subject today by prosecutors and investigators. EXPERIENCE - According to the indictment, Fioranelli would spread false rumors about his involvement and Flick for the club giallorosso causing fluctuations in the stock quotes that, from April to July of 2009, increased from 0.581 euro up to a maximum of € 1.43 (over 124 per cent) due to massive trade.

The men of the core currency of the Guardia di Finanza police have established that the Fio Sports Group AG, a company that would acquire Fioranelli Rome with money Flick, actually had no capital. The false interest in the acquisition of the club headed by Rosella Sensi, for the investigators, is also confirmed by the fact that the alleged Swiss-German consortium has never handed over bank documents required as a condition for starting negotiations for the sale club Trigoria.

Meanwhile, the men of yellow flames have performed three searches. Other suspects - is, as we learned of three economic and financial operators, in turn, investigated for insider trading: Victor Pascucci, Alessio Possenti and Rosel Nicaraguan Alvaro Gonzales. But the background of the case involving short-term prospects could also accused of money laundering.

Investigators suspect that the three, after completing a series of frauds against financial institutions, would have reinvested the proceeds in the title Rome-Football exploiting not only the benefits resulting from the increase of value of the stock, after skyrocketing to items of interest to the club by Flick and Fioranelli, but so is cleaning up illegally acquired money and then invested in the stock market.

Fact, investigators believe, which has been fully aware Fioranelli. For the story of climbing the club Giallorossi have investigated a total of six people in addition to Fioranelli, Flick searched and three people, including the financial services Elio Baccioni Ciolini. The judicial inquiry is at final stages and soon there should be the presentation of documents, a procedure which anticipates the demand for prosecution of suspects.

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