Billionaire Andrea Piniataros, founder of the Ion Group based in London, is controlled by the Italian authorities for tax evasion of € 1.2 billion. Bloomberg wrote that Piniatos is a resident of Switzerland and is in the United Kingdom. However, in the period 2016-2023 he stayed in Italy. Thus, the Bologna prosecutors have asked to pay taxes for the period he lived in his country of € 500 million, with the amount reaching $ 1.2 billion including interest and fines. It is noted that most of ION’s activities are in the United Kingdom, but the company is expanding with a series of acquisitions in Italy over the last four years. Who is Andrea Piniatro after his studies at the University of Bologna, Piniatro worked as a bond negotiator in London, where he later received a doctorate in mathematics from Imperial College, London. While working for Salomon Brothers, he led a joint venture with List Holdings software company with […]
Source: News Beast
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