ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Religion & Law Blogs -> Religion Clause

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Religion & Law

: Religion Clause

Vatican Bank Officials Targeted In Money Laundering Investigation

By Howard M. Friedman

ADVERTISEMENTS
AP reported yesterday that top officials of the Vatican's Institute for the Works of Religion-- the Vatican Bank-- are under investigation by Italian financial police in an investigation of money laundering.  Authorities seized $30 million from a Vatican bank account at the Rome branch of Credito Artigiano Spa as the funds were awaiting transfer to accounts at JP Morgan and Banca del Fucino.  Apparently the Vatican bank had failed to inform authorities of the source of the funds. The Vatican Bank primarily manages funds destined for religious or charitable works, but also manages the pension system for the Vatican's employees. Generally only Vatican employees, religious orders and those who transfer funds to the Pope's charities can have accounts at the bank. The Vatican said it was perplexed and surprised by the money laundering investigation.

Full post as published by Religion Clause on September 22, 2010 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

Private Investigators and Detectives
Services Provided by Private Investigators

Law Enforcement and Criminal Justice Career Choices
Descriptions of law enforcement occupations

Lawsuits and Settlements

Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act

Bank Transaction
City Bank president Mike Liner agrees to pay $25,000 fine for assisting in a cash deposit.

Immigration and Customs Enforcement
alleging government agencies and officials violated immigrant workers' constitutional rights.

Bank Scandal
Swiss bank pays Parmalat $30 million bankruptcy settlement.

Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages

Tree Stands
Ardisam Inc. pays $420,000 settlement for failing to report defective product to government officials.

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0145 secs (new cache)