"From The Guardian
Original
source
Italian tax police have seized 50kg (110lb) of gold from an
Italian businessman at the Swiss border.
The gold, worth around €2m
(£1.6m), was found in a hidden compartment in his car last Thursday, the police
said on Monday.
The man and his daughter, who was also in the car, were
both charged with smuggling.
Italians are believed to have billions of
euros in undeclared wealth stashed in Switzerland – funds that
Italy is trying to have the
Swiss authorities tax retroactively.
Many Italians have also bought gold
as a refuge from a worsening European debt crisis..."
at http://ausbullion.blogspot.com/2012/06/game-on-italian-police-seize-gold-worth.html
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