Italian police dismantle illicit bank used by drug traffickers as global broker

This story is developing. We're surfacing the key facts here, and you can read the full original report at any time.

What happened? Italian police dismantle illicit bank used by drug traffickers as global broker Why it matters? Clandestine operation run by Chinese national in Prato moved €80-100m a year through intermediaries Italian police have dismantled an underground bank used by drug traffickers through which several hundred million euros are believed to have moved over at least three years.