Vatican Official Arrested in Corruption Plot

Monsignor Nunzio Scarano sought return of $26M via Italian government plane
By Newser Editors and Wire Services
Posted Jun 28, 2013 3:23 AM CDT
Vatican Official Arrested in Corruption Plot
This file photo shows a building, left, which hosts the Vatican bank, inside the Vatican.   (AP Photo/Domenico Stinellis, File)

A Vatican official has been arrested in a purported plot to bring $26 million into Italy from Switzerland aboard an Italian government plane. Silverio Sica, attorney for Monsignor Nunzio Scarano, said his client is accused of fraud, corruption, and other charges stemming from the plot, which never got off the ground. Sica told the AP that Scarano was a middleman in the operation.

Friends had asked Scarano to intervene with a broker, Giovanni Carenzio, to return $26 million they had given him to invest, Sica said; Scarano persuaded Carenzio to return the money, and an Italian secret service agent, Mario Zito, went to Switzerland to bring it back aboard an Italian government aircraft. He said the plot failed because Carenzio reneged. Carenzio and Zito also were arrested. (More Giovanni Carenzio stories.)

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