Investors Bought $1.1 Billion in Bonds Linked to Italian Mafia

  • International investors bought private bonds backed by Italy’s most powerful organized crime group from 2015 to 2019, the Financial Times reported on Tuesday.
  • Pension funds, hedge funds, family offices, and a private Italian bank bought about €1 billion ($1.1 billion) worth of the debt, the newspaper reported.
  • In one deal, investors bought bonds linked to assets sold by organized criminals who were charged with stealing…

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