Italian police target 30 suspects in €68 million mafia-linked crypto laundering probe

Investigators say a car-rental firm near Milan allegedly doubled as an underground bank that moved money abroad through crypto exchanges and digital wallets A car-rental business on the outskirts of Milan may have been renting out more than cars. Italian investigators suspect the company in Pero operated as a mafia-linked underground bank that moved approximately €68 million abroad, with crypto exchanges and digital wallets among the routes. On October 21, 2026, authorities moved against 30 suspects in a coordinated operation. The operation was led by Guardia di Finanza units in Milan and Monza Brianza, Italy’s financial police.