Found this interesting article, written in italian but translated with Google...
CAUTION IS THIS THE SAME PEZZELLA ALSO PRESIDENT OF GEGR ?
Milan - Hi Real Maxiprocess - They are Franco Maria Mattioli, Alberto Terzilli, Gianluca Palombo, Augusto Testa and Luca Fazi - Among the accusations, transnational criminal association - A Fazi, got into trouble with eight managers, the lightest sentence
Millionaire scam, sentences ranging from 2 to 12 years for five Viterbo residents by Silvana Cortignani
Viterbo - The “supportive” hearts on the shutter of Luca Fazi's copy shop
Viterbo - Millionaire scam, sentences ranging from a minimum of 2 years to a maximum of 12 years for the five Viterbo people involved in the Hi Real crash and ended up in trial for various reasons on charges of transnational criminal association. They are Franco Maria Mattioli, Alberto Terzilli, Gianluca Palombo, Augusto Testa and Luca Fazi. To the craftsman Fazi, who got into trouble with eight managers, the lighter penalty. To the financial promoter Mattioli the highest.
The Viterbo artisan, owner of the copy shop of Paradiso, was sentenced to two years in prison, who ended up under house arrest on 16 January 2018 together with ten managers as part of the barrage of arrests, five of which in the Viterbo area, taken following the investigations by public prosecutor Bruna Albertini of the Milan prosecutor's office on the suspected collapse of the listed real estate company Hi Real spa
The president of the board of directors of Hi Real Spa and the former financial promoter, Alberto Terzilli and Franco Maria Mattioli, both from Viterbo, ended up in prison. In addition to the broker from La Spezia Marco Sturlese. The three Viterbo people Gianluca Palombo, Augusto Testa and Luca Fazi under house arrest.
In addition to Francesco Paganucci, Alessandro Colamonici andClaudio Nunzio Pezzella.
According to the indictment, they would have been part, in various capacities, of a transnational criminal association aimed at money laundering, document falsification, fraud, fraudulent bankruptcy and the abusive exercise of financial activity. Not only that, according to the Milanese magistrates, the managers were helped by "an organized criminal group of a transnational nature based in Nicaragua".
Franco Maria Mattioli receives the heaviest sentence, 12 years of imprisonment. Five years and 8 months to Alberto Terzilli, of Fabrica di Roma. The other two from Viterbo, Gianluca Palombo from the capital and Augusto Testa di Canepina, were sentenced to 3 years and 10 months and 3 years. The sentence was pronounced in recent days by the college of the third criminal section of the court of Milan, chaired by judge Guido Zucchetti.
Fazi was sentenced to two years for fraud in competition. The prosecution had asked for a sentence of four years and six months of imprisonment, but the defense (Pietro Porri and Marco Valerio Mazzatosta) managed to lighten the position of the accused, demonstrating its total extraneousness to the heaviest disputes. The arrest of Fazi by the yellow flames caused a great sensation, resulting in a solidarity contest that caused the door of the shop on which the seals were affixed to be covered with messages printed on red hearts. The story revolves around a fake capital increase (7 million and 620 thousand euros) which, according to the Milanese prosecutor's office, would have served to mask a collapsing financial situation. But also to defraud investors and lenders, who bought and sold shares attributable to investment funds that were actually worthless. A scam that according to the financial police was orchestrated by the management of the real estate company Hi Real spa. Marco Sturlese, a Ligurian from La Spezia, Alessandro Colamonici to 2 years and Francesco Paganucci to 2 years in prison were sentenced to 4 years and 6 months.
Sole acquitted Claudio Nunzio Pezzella. The college of the third penal section took ninety days to explain the reasons, after which the defenses will decide whether to appeal.
