Tag: Italian mafia
Italian mafia earns more than McDonald’s
March 29, 2014
China Post – With a turnover of 53 billion euros (US$73 billion) in 2013, the ‘Ndrangheta mafia from southern Italy made more money last year than Deutsche Bank and McDonald’s put together, a new study said Wednesday. The study by the Demoskopika research institute detailed the international crime syndicate’s sources of revenue, including drug trafficking — which brought in an estimated 24.2 billion euros — and the illegal garbage disposal business, which earned it 19.6 billion euros. The southern Italian mafia earned the equivalent of 3.5 percent of Italy’s Gross Domestic Product (GDP) last year, said the report based on…