Unscrupulous broker under trial for embezzling €136,000 from two senior citizens in Lucerne, despite the bank maintaining a moral stance.
In a developing story out of Luserna San Giovanni, Italy, a 63-year-old financial consultant is standing trial for an alleged fraud scheme that targeted an elderly couple. The consultant, who previously worked for Ethical Bank, is accused of exploiting the trust placed in him to orchestrate the fraud.
The retiree, an 87-year-old victim, was allegedly induced to make generous donations to a social promotion association, which is under the control of the accused consultant. Investigations coordinated by Prime Minister Eugenia Ghi have reconstructed the trail of the funds, including a SIM card bought in Cuneo, near the defendant's home.
The consultant is charged with fraud, embezzlement, computer fraud, and unauthorized access to an information system. It is alleged that he manipulated accounts and made transfers from the couple's accounts without their knowledge, siphoning nearly 136,000 euros in total. The stolen funds were transferred to personal accounts and those of "Agricoltura Sociale Aps", a non-profit association.
To strengthen control, the consultant reportedly bought a SIM card in the widow's name and linked it to the current accounts from which he made the transfers. This purchase was a key element that raised the suspicions of the investigators. After the retiree's death, the consultant is accused of managing the liquidation of some insurance policies, keeping 50,000 euros without informing the widow.
Ethical Bank, where the consultant previously worked, has reported him to the authorities and has since fired him for a serious breach of internal policies. The widow of the retiree, a victim in the case, is represented by lawyer Paolo Bolley.
While there are no direct reports or investigations related to an Ethical Bank scandal in Luserna San Giovanni involving the 63-year-old promoter in the wider search results, this case is currently under investigation and updates can be monitored through local Italian news outlets, official police or judicial announcements from Luserna San Giovanni, or Italy’s financial regulatory authorities.
- The investigation into the 63-year-old financial consultant, who previously worked for Ethical Bank, has uncovered allegations of fraud within the banking-and-insurance industry, as he stands trial for a scheme that targeted an elderly couple.
- Amidst the general news of the trial, it is alleged that the consultant embezzled funds from the victims by making unauthorized transfers, providing further evidence of crime-and-justice related activities within the finance sector.
- Additionally, it is reported that the defendaant manipulated accounts and used a SIM card associated with general news subjects like insurance policies and social promotion associations, to further his embezzlement scheme, adding to the ongoing investigation and future updates in the industry.
