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Times profile Vatican cleric now on trial for money-laundering

October 20, 2014

The New York Times has profiled Msgr. Nunzio Scarano, the former Vatican financial official who is now on trial in an Italian court on corruption and money-laundering charges.

Msgr. Scarano was director of accounting for the Administration of the Patrimony of the Apostolic See until he was suspended from that post when money-laundering charges were raised against him. The Times story outlines how the Italian cleric attained his position and how he became involved in an attempt to bring €20 million into Italy illegally as a "favor" to influential friends.

Although Msgr. Scarano came from an ordinary background and earned only about $40,000 a year in salary, the Times cites an Italian judge who estimated the priest's personal fortune at over $8.2 million.

 


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  • Posted by: jg23753479 - Oct. 21, 2014 10:05 AM ET USA

    "Although Msgr. Scarano came from an ordinary background and earned only about $40,000 a year in salary, the Times cites an Italian judge who estimated the priest's personal fortune at over $8.2 million." Now, THAT is what I call parsimony!