Overview
- Prosecutors in Rome have opened ten preliminary investigations into potential fraud involving around €200 million in film tax credits.
- Culture Ministry officials flagged 122 projects as suspicious after discovering that Francis Kaufmann’s alias Rexal Ford received €863,439 for a film that was never made.
- Records show Coevolutions Srl secured €4.2 million in public funding for 12 projects, but completed only one.
- Analysis of 2022–2023 data indicates that 345 of 459 films claiming credits under the old system never reached cinemas, revealing weak oversight.
- New directives effective June 23 will require full production documentation, detailed financial tracking and proof of distribution before credits are granted.