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Cardinal Angelo Becciu

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crime2 years ago

Cardinal Becciu Convicted: Vatican Sentences Former Adviser to Prison for Corruption

Legal and security experts believe that Cardinal Angelo Becciu and the other defendants convicted in the Vatican's corruption trial are unlikely to serve time in prison anytime soon, if at all. Becciu and others have already announced appeals, and a new trial is not expected to start until the end of next year. Normally, defendants awaiting appeals in Vatican cases are allowed to remain free unless they have committed violent crimes or are a flight risk. Becciu, the most senior Catholic Church official to stand trial before a Vatican criminal court, lives in the Vatican and could potentially be pardoned by Pope Francis. The Vatican has a small prison facility but it is rarely used for long-term sentences.

via Reuters|
#appeals#cardinal-angelo-becciu#corruption
crimecorruption2 years ago

Vatican Corruption Scandal: Former Adviser Jailed, Cardinal Sentenced to Over 5 Years

Cardinal Angelo Becciu, a former adviser to the Pope, has been sentenced to five and a half years in prison after being found guilty of fraud and embezzlement. He is the most senior Catholic Church official ever to stand trial before a Vatican criminal court. The trial, which lasted for two-and-a-half years, exposed infighting and intrigue within the Vatican and revolved around the purchase of a building in London by the secretariat of state. Several other defendants were also convicted, including Italian financier Raffaele Mincione and financier Gianluigi Torzi. The Vatican sold the building last year, incurring an estimated loss of about 140 million euros.

via The Independent|
#cardinal-angelo-becciu#crimecorruption#embezzlement
crime2 years ago

Italian Cardinal Becciu Sentenced to Prison for Embezzling Vatican Funds

Cardinal Angelo Becciu, once considered a contender for pope, has been convicted of embezzlement by a Vatican criminal court and sentenced to over five years in prison. Becciu was accused of funneling Vatican funds to businesses and charities run by his brothers and overseeing a multimillion-Euro investment in a luxury property in London. The trial shed light on the Vatican's finances, and Becciu's conviction marks the first time a cardinal has been prosecuted by the Vatican criminal court.

via New York Post |
#cardinal-angelo-becciu#crime#embezzlement
crime2 years ago

Vatican Tribunal Sentences Cardinal Becciu to Prison for Financial Crimes and Fraud

In a historic decision, the Vatican tribunal has sentenced Cardinal Angelo Becciu to five years and six months in prison for financial malfeasance, making it the first time in 500 years that a cardinal has been put on trial in the Vatican on penal charges. The tribunal found Becciu guilty of embezzlement and illicit use of Vatican funds, involving $200 million, which he invested in a hedge fund with high-risk characteristics. Several others involved in the trial were also found guilty of various charges, including embezzlement, self-laundering, fraud, and extortion. Becciu's lawyer plans to appeal the verdict, and it is unlikely that he will serve prison time due to his age and the possibility of a pardon from the pope. The trial highlights Pope Francis' efforts to reform Vatican finances and ensure transparency.

via America: The Jesuit Review|
#cardinal-angelo-becciu#crime#embezzlement
crime2 years ago

Former Pope Adviser Convicted and Sentenced to Prison for Financial Crimes in Vatican

Former Pope adviser, Cardinal Angelo Becciu, has been sentenced to five and a half years in jail by a Vatican court for financial crimes related to a London property deal that resulted in significant losses for the Roman Catholic Church. Becciu was accused of embezzlement and funneling funds to his home diocese, with the trial seen as part of Pope Francis' efforts to reform the Vatican bureaucracy. Critics argue that Becciu has become a scapegoat in the Vatican's attempt to address longstanding accounting scandals. Becciu's lawyer plans to appeal the verdict.

via Washington Examiner|
#cardinal-angelo-becciu#corruption#crime
crime2 years ago

Vatican Court Sentences Cardinal Becciu to Prison for Embezzlement and Fraud

The Vatican court has sentenced Cardinal Angelo Becciu to five and a half years in prison for embezzlement and abuse of office. Becciu, along with nine other individuals and four companies, was found guilty of financial misconduct related to a botched real estate deal in London and other unrelated misconduct. The court ordered confiscations of over $181 million and imposed fines on the defendants. Becciu is the first cardinal to be convicted under the Vatican's civil court system and will serve his sentence under Italian authorities.

via Fox News|
#abuse-of-office#cardinal-angelo-becciu#crime
crime2 years ago

Cardinal Becciu Sentenced to Prison in Vatican's 'Trial of the Century'

Cardinal Angelo Becciu has been convicted of embezzlement by a Vatican tribunal and sentenced to 5 ½ years in prison. This marks the first time a cardinal has been prosecuted by the Vatican criminal court. The trial, which lasted 2 ½ years, focused on the Vatican secretariat of state's investment in luxury apartments and alleged embezzlement of tens of millions of euros. Becciu was convicted of embezzlement related to the investment and for using Vatican money for personal purposes. The trial raised questions about the rule of law in the Vatican and the power of Pope Francis.

via POLITICO|
#cardinal-angelo-becciu#crime#embezzlement
crime2 years ago

Vatican Financial Trial Concludes: Cardinal and 9 Others Await Verdict

A Vatican tribunal is set to deliver verdicts in a complex financial trial involving Cardinal Angelo Becciu and nine others accused of embezzlement-related charges and other financial crimes. The trial, which has lasted for 2.5 years, has raised questions about the rule of law in the Vatican and the power of Pope Francis. Prosecutors are seeking convictions for nearly 50 charges and damages of over 400 million euros. The trial has revealed allegations of vendettas, espionage, and ransom payments to Islamic militants. The verdicts will determine the fate of the defendants, including Cardinal Becciu, who faces up to seven years in prison if convicted.

via The Associated Press|
#cardinal-angelo-becciu#crime#embezzlement
crime2 years ago

Vatican's 'Trial of the Century' Verdict Imminent: Fate of Cardinal and Others Hangs in Balance

The verdicts are expected on Saturday for a cardinal and nine other defendants in the Vatican's most complicated financial trial, which involved allegations of fraud, embezzlement, extortion, corruption, money laundering, and abuse of office. The trial, initially seen as a showcase for Pope Francis' reforms, failed to produce a smoking gun to support the prosecution's hypothesis of a grand conspiracy. Instead, it revealed unintended revelations about Vatican vendettas, incompetence, and ransom payments, tarnishing the Holy See's reputation. The trial also shed light on the pope's involvement, with evidence showing that he issued secret decrees benefiting prosecutors and was aware of key aspects of the deals in question.

via National Catholic Reporter|
#cardinal-angelo-becciu#crime#financial-misdeeds
legalfinancial2 years ago

"Verdicts Revealed: Vatican's 'Trial of the Century' Concludes with Surprising Outcome"

Verdicts are expected in the Vatican's complex financial trial, dubbed the "trial of the century," involving a cardinal and nine other defendants. The trial, initially seen as a showcase for Pope Francis' reforms, has revealed unintended revelations about Vatican vendettas, incompetence, and ransom payments. The case revolves around the Holy See's investment in a luxury London property, with allegations of fraud, embezzlement, extortion, corruption, money laundering, and abuse of office. Cardinal Angelo Becciu, a former top adviser to the Pope, is among the defendants. The trial has also shed light on the Pope's involvement, with evidence suggesting his authorization and support for key aspects of the deals in question.

via The Associated Press|
#cardinal-angelo-becciu#financial-misdeeds#legalfinancial
legalfinancial-scandal2 years ago

Unveiling the Vatican's Trial of the Century: Revelations, Involvement of Pope Francis, and Verdicts Awaited

Verdicts are expected in the Vatican's complex financial trial, which involved a cardinal and nine other defendants. The trial, initially seen as an opportunity for Pope Francis to crack down on alleged financial misdeeds, failed to produce a smoking gun to support the prosecution's claims of a grand conspiracy. Instead, the trial revealed unintended revelations about Vatican vendettas, incompetence, and ransom payments that harmed the Holy See's reputation. The case centered around the Holy See's investment in a luxury London property, with allegations of fraud, embezzlement, extortion, and corruption. Cardinal Angelo Becciu, once a top adviser to Pope Francis, became enmeshed in the trial, facing accusations of embezzlement and paying for intelligence services. The trial also exposed the involvement of Monsignor Alberto Perlasca, who initially appeared as a prime suspect but later cooperated with prosecutors. The trial shed light on the pope's own role, with evidence suggesting his involvement went beyond encouragement, raising concerns about interference in the legal system.

via Yahoo News|
#cardinal-angelo-becciu#financial-misdeeds#legalfinancial-scandal
crime2 years ago

Vatican Prosecutor Seeks Maximum Sentence and Asset Seizure in High-Stakes Cardinal Case

The Vatican prosecutor has requested a court to convict 10 individuals, including Cardinal Angelo Becciu, of various financial crimes and sentence them to three to 13 years in prison. The prosecutor also seeks the confiscation of approximately $460 million to compensate the Holy See for bad investments and financial losses over the past decade. The trial, which originated from the Vatican's investment in a luxury London property, has expanded to include allegations of misuse of Vatican funds by Becciu. The defense and civil parties will present their closing arguments before a verdict is expected to be delivered by the end of the year.

via ABC News|
#cardinal-angelo-becciu#confiscation-of-assets#crime
crime2 years ago

Vatican Prosecutor Seeks Maximum Sentence and Asset Seizure in High-Stakes Cardinal Case

The Vatican prosecutor has requested a court to convict 10 individuals, including Cardinal Angelo Becciu, of various financial crimes and sentence them to three to 13 years in prison. The prosecutor also seeks the confiscation of approximately $460 million to reimburse the Holy See for bad investments and financial losses over the past decade. The trial, which began with the Vatican's investment in a luxury London property, has expanded to include allegations against Cardinal Becciu, who is accused of donating Vatican money to a charity run by his brother and using Vatican funds to pay ransom fees. The defense and civil parties will present their closing arguments before a verdict is expected to be delivered by the end of the year.

via The Associated Press|
#cardinal-angelo-becciu#confiscation#crime
crime2 years ago

Vatican Prosecutor Pushes for Seven-Year Sentence for Cardinal

The prosecutor at a Vatican corruption trial has requested a seven-year and three-month jail sentence for Cardinal Angelo Becciu, who was one of the most powerful men in the Vatican before being fired by Pope Francis. Becciu is the highest-ranking Vatican official to ever face a trial and is one of 10 defendants in the case. The trial revolves around a botched London real estate deal, with all defendants denying any wrongdoing. The prosecutor also requested guilty verdicts for all defendants and the confiscation of millions of euros of assets. The court's decision is expected at the end of the year.

via Reuters|
#cardinal-angelo-becciu#corruption#crime