Monaco Bankers Face Trial With Client Linked to ‘Mafia Capitale’
Fabrizio Amore found bankers in the principality allegedly willing to bend their own rules and ignore red flags to take his cash
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Inside three of Monaco’s private banks, an Italian businessman had become a valuable client.
At Banque Havilland, authorities say a manager suggested “quietly” storing money in a safe deposit box rather than a regular account after too many €150,000 cash drops. A short walk away, an Edmond de Rothschild employee told investigators that he saw Fabrizio Amore enter the office near Port Hercule with a bag full of banknotes and walk out empty-handed. At Societe Generale, officials reportedly discovered the man had two boxes in the vault stuffed with nearly €800,000 in currency, $474,000 in diamonds and 132 watches.