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Italy Seizes €10 Million in Suspected Fake Building‑Bonus Credits in Multi‑Region Probe

The case shows how lax checks turned public incentives into tradeable fake credits.

Overview

  • Guardia di Finanza officers executed an urgent preventive seizure ordered by the Nola prosecutor’s office and validated by a judge, targeting seven people and three companies.
  • Investigators say contractors claimed unfinished or poor‑quality works as complete using false certifications to mint fictitious tax credits that were then sold at cut prices.
  • About 100 residents in two Casalnuovo di Napoli condo blocks reported credits in their tax accounts despite incomplete works, which triggered the inquiry.
  • The seizure blocked roughly €3 million still sitting in taxpayers’ “cassetti fiscali,” and it froze assets including over 30 properties in Naples and Taranto, nine cars, stakes in 14 firms worth about €500,000, and €80,000 in cash.
  • The probe maps a network across Campania, Emilia‑Romagna, Puglia, Piemonte, and Toscana, with authorities now tracing how the credits moved through the secondary market to limit losses for the state and protect buyers.