The chair of Stellantis and Ferrari got caught up in an $84 million tax evasion case
After Stellantis (STLA) struggled through poor sales, falling profits and calls to sell off its brands, a key figure at the Jeep and Fiat owner is now facing a tax evasion case. Stellantis and Ferrari chair John Elkann has been named as part of an investigation into alleged tax fraud,
Ferrari chairman accused of tax fraud, assets seized – report
The chairman of Ferrari and Stellantis – the parent company of 15 car brands – stands accused of tax fraud in Italy.
Stellantis chair Elkann targeted in $84 million seizure over alleged tax fraud
An Italian judge has seized assets worth around $84 million from five people including Stellantis and Ferrari Chair John Elkann.
Stellantis Chair Elkann, Siblings Targeted By Italy Tax Fraud Probe
Italian prosecutors on Friday ordered the seizure of nearly 75 million euros from Ferrari and Stellantis chair John Elkann and four others as part of a probe into alleged tax fraud.
UPDATE 2-Stellantis Chair Elkann targeted in 75 mln euro seizure over alleged tax fraud
An Italian judge has seized money and assets worth almost 75 million euros ($84 million) from five people, including Stellantis and Ferrari Chair John Elkann, as part of an investigation into alleged tax fraud,
Stellantis chair John Elkann has assets seized over alleged tax fraud
Prosecutors in Turin said Elkann, who is also Ferrari chairman, and his siblings were part of "a criminal plan" to hide assets and income from Italian inheritance and tax laws.
Stellantis And Ferrari Chair Caught Up In $84 Million Tax Evasion Case
Good morning! It’s Monday, September 23, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.
Italian Judge Seizes $84M in Assets from Top Business Figures Over Tax Fraud Allegations
An Italian judge has confiscated assets valued at nearly 75 million euros from five individuals, including John Elkann, the chair of Stellantis and Ferrari, amid a tax fraud investigation. The case revolves around the Elkann family's inheritance and an alleged scheme to evade Italian tax laws.
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