By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Mafias gobbling up Italy’s tourism industry: ‘A tasty dish for crime bosses’
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > World News > Mafias gobbling up Italy’s tourism industry: ‘A tasty dish for crime bosses’
World News

Mafias gobbling up Italy’s tourism industry: ‘A tasty dish for crime bosses’

By admin 4 Min Read
Share
SHARE

Contents
Criminals cash in on crisis“Tasty prey” for the mobFrom Italy to EuropeThe Mafia’s iron gripWhat’s next for Italy?

Mafias gobble up Italy’s tourism industry: ‘A tasty dish for crime bosses.’

The Tree of All, a work by artist Gregor Prugger in memory of the fight against the Italian mafia and its victims. Taranto, Puglia, Italy 26.06.2024

Credit: Shutterstock, Massimo Todaro

Hotels and restaurants served on a plate to organised crime.

Italy’s tourism sector has become a buffet for the mafia, pocketing a whopping €3.3 billion a year from struggling businesses in hospitality. And with the 2025 Jubilee in Rome and the 2026 Milan-Cortina Winter Olympics on the menu, the mob is preparing to dig in for even bigger profits.

Criminals cash in on crisis

From picturesque hotels to bustling pizzerias, organised crime syndicates are cashing in on Italy’s hospitality sector. According to a shocking report by the Demoskopika institute, the infamous ‘Ndrangheta mafia, rooted in Calabria, is the worst offender, taking half of the illegal earnings. Not far behind are the Camorra from Naples, Sicily’s Cosa Nostra, and fragmented crime groups from Puglia, all raking in millions a year.

What’s more alarming? These mafias aren’t just sticking to their southern strongholds. The report reveals they’ve infiltrated Italy’s wealthier north, feasting on nearly €1.5 billion from businesses that once seemed untouchable.

“Tasty prey” for the mob

Over 7,000 businesses – about 15% of the entire tourism sector – are teetering on the edge, struggling with crippling debts and cash flow crises. Demoskopika president Raffaele Rio described these companies as “tasty prey” for criminal gangs offering “help.”

But there’s nothing generous about their offers. The mafias lend money at eye-watering rates, sinking their claws into businesses and often taking them over entirely.

“They promise financial survival, pay off debts, and guarantee liquidity,” said Rio. “But the price is devastating – control, or outright ownership, of these companies.”

This isn’t just bad news for the owners. The mob’s grip is suffocating the legal economy, fuelling money laundering, extortion, and usury that leaves legitimate businesses gasping for air.

From Italy to Europe

It’s not just an Italian problem. Europol has warned that the ‘Ndrangheta mafia is investing dirty money across Europe, funnelling drug and arms trafficking profits into hotels, supermarkets, and real estate. What better way to hide in plain sight?

The Mafia’s iron grip

The mafia’s stranglehold isn’t limited to businesses. In a bizarre twist, a Catholic nun was recently arrested for allegedly carrying mafia messages to prisoners. And earlier this year, the Italian government expanded a controversial programme to remove children from mafia families, aiming to break the cycle of criminal behaviour passed down like a family heirloom.

With the Jubilee and Winter Olympics on the horizon, the mob’s appetite for cash is only set to grow. Rio called their tactics “a perverse system that crushes entrepreneurs, strengthens the mafia’s power, and suffocates the economy.”

What’s next for Italy?

Italy’s tourism industry is at a crossroads. Can it shake off the mafia’s chokehold before major global events make things worse? Or will the country’s hotels and restaurants remain a cash cow for organised crime?

One thing’s for sure – the fight against the mob is far from over if Italy wants to reclaim its tourism crown.

Find more news in English from around Italy.

Read more news in English from around Europe.

You Might Also Like

Cristiano Ronaldo steals the spotlight at Trump’s White House dinner for saudi prince

Today in History: November 19, Edsel era ends at Ford

Poland to shut last Russian consulate after railway sabotage, foreign minister says

Dogecoin price holds $0.15 as key DOGE metric flashes green

Next 1000x Crypto News Live Today: Early Alpha on the Latest Crypto Gems (November 19)

TAGGED: European News, Italy News, News, World News
Share This Article
Facebook Twitter Copy Link
Previous Article How to Watch The Polar Express in the UK and US
Next Article FragPunk Launches March 6th, 2025; New Cards Revealed
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Cristiano Ronaldo steals the spotlight at Trump’s White House dinner for saudi prince
World News
Kroger closing automated fulfillment centers as it tries to make delivery faster and cheaper
Business
Dell Technologies Accelerates Enterprise AI with Powerful, Automated Solutions
Tech News
Travel bans and €20,000 fines: How France is cracking down on disruptive air passengers
Travel
Dutch government suspends takeover of Chinese-owned Nexperia
Business
Today in History: November 19, Edsel era ends at Ford
World News
Star Wars Unveils Major Black Friday Deal: Millennium Falcon LEGO Set Is Now Nearly Free
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Cristiano Ronaldo steals the spotlight at Trump’s White House dinner for saudi prince

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Cristiano Ronaldo steals the spotlight at Trump’s White House dinner for saudi prince
November 19, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?