Overview

• The 60-year-old left work on December 13 with an early pension request and has been untraceable since, with investigators hypothesizing he is abroad with his partner.
• According to the investigative reconstruction, he promoted supposedly safe investments and issued documents that appeared authentic but did not reflect real operations.
• About a dozen entrepreneurs and savers, including some in Trentino, have reported losses estimated at roughly €20 million.
• The Procura di Bolzano has opened a case as the Guardia di Finanza works to reconstruct transfers and precisely quantify the damage.
• Clients’ complaints followed anomalous movements on their accounts, and authorities have not reported any arrests or recovered funds.