World: “Italy’s biggest bank”: The Mafia’s massive profits amid Italian turmoil
- €140 billion the amount of financial turnover the Mafia had in 2011, according to anti-crime group SOS Impresa
- €100 billion the amount in profits the Italian crime group had; SOS Impresa says this makes them Italy’s biggest bank source
- » Not your father’s Mafia: The anti-crime group says in an annual report that organized crime is becoming increasingly more organized, leading to as many as 200,000 business tied to extortionate lenders and leading to profits equivalent to 7 percent of the entire country’s national output. “The classic neighborhood or street loan shark is on the way out,” the group says in its report, “giving way to organized loan-sharking that is well connected with professional circles and operates with the connivance of high-level professionals.”
