Catholic World News
Investment manager talked Vatican into fraudulent scheme, prosecutor charges
July 15, 2021
» Continue to this story on Pillar
CWN Editor's Note: A former Vatican agent convinced the Vatican Secretariat of State to invest in a bond that was advertised as support for a new American railroad line, but actually funded three Italian corporations, the Pillar site reports. Enrico Crasso, who handled investments for the Vatican, now faces charges of embezzlement and fraud for his role in the alleged scheme.
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