Accused money launderer for Italy’s ‘Ndrangheta organized crime group.

Italian prosecutors believed Velardo, along with a convicted Irish Republican Army bomber, swindled investors in an Italian seaside development built by the ‘Ndrangheta. Another partner in the seized venture, named Jewel of the Sea, was a member of the ‘Ndrangheta’s powerful Morabito clan.

Read OCCRP’s investigation into Velardo and his Credit Suisse account.