Word: finanza
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...there for jumping bail on 12 charges of infringing the trademark on Microsoft Windows. Police are weighing fresh charges in Germany against a request for extradition to the U.K. (though Murray-Cowan has not been convicted of anything). In an unrelated case, Italy's financial police, the Guardia di Finanza, announced last week it had conducted synchronized raids across nine Italian provinces, closing down an Internet piracy ring with an estimated turnover of over $60 million a year in CDs, DVDs, pornography and high-priced software titles. Investigators say it was one of the largest-ever software piracy busts...
...trafficking in stolen software. By last week, according to unofficial reports, the Italian police had shut down more than 60 computer bulletin boards and seized 120 computers, dozens of modems and more than 60,000 floppy disks. In their zeal, say the suspects, some officers of the Guardia di Finanza grabbed anything even remotely high-tech, including audiotapes, telephone-answering machines and multiplug electrical outlets...
Through all the financial and political scandals in Italy's recent history, the national financial police, the paramilitary Guardia di Finanza, has always been regarded as a singular bastion of rectitude. Thus when retired General Raffaele Giudice, the Guardia's esteemed commander from 1974 to 1978, was recently jailed as a suspected ringleader in a $2.2 billion oil-tax fraud, it was rather like discovering that Michelangelo painted by numbers. Last week, as the scandal spread, four other high-ranking Guardia officers were put under investigation, and Giudice's former chief of staff disappeared before he could...
Brave Efforts. Last year Italy's hard-pressed Guardia di Finanza (financial police) made brave efforts to stanch the flow of capital. In the first eight months of 1976 more than $11 million in contraband currency was seized, and a further $496 million in illegal financial deals was uncovered. Far more had undoubtedly slipped past the understaffed Guardia. As one of its officers admitted last week, "We would have to mobilize the whole Italian army if we wanted to search every person and car that crossed our frontiers. Last year almost 40 million people crossed into Italy...
...Fascist financial magazine, Finanza (Rome), authoritatively proposed, last fortnight, that the State should establish a Marriage Bank. Purpose: to loan 10,000 lire ($527) to each laboring bachelor of good standing who may seek such a sum in order to marry, set up housekeeping, beget. Finanza proposed that repayment of the loan be made "automatically by a monthly levy on the husband's wages...
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