ING Italy investigated over alleged money laundering – source
20 Mar 2019

Prosecutors in Milan have begun a formal investigation into alleged money laundering involving Dutch bank ING Groep NV’s Italian business, a source close to the matter said.

ING had no immediate comment on Tuesday on the investigation, which was launched after prosecutors received requests for assistance from other European countries, where dozens of people had reported online scams, the source added.

Those being investigated by Milan prosecutors were carried out using various online accounts and the stolen money ended up in accounts opened at ING in Milan, the source said.

By Emilio Parodi, Reuters, 19 March 2019

Link to Reuters

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