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Mafia moving into renewable energy

Generous subsidies, opportunity to create legitimate front attracts crime families

(OilPrice) Traditionally the mafia controls operations in gambling, prostitution, protection, extortion, and loan-sharking, yet recent evidence shows that they might actually be adding renewable energy to that list.

Italian police have recently discovered links between the Sicilian crime families known as the Cosa Nostra, and wind and solar power companies in the area. Law enforcement officers have taken around a dozen crime bosses off to jail, along with corrupt officials and company executives; they have also seized around 30 percent of Sicily’s wind farms, and have frozen more than $2 billion worth of assets.

Back in 2010 a similar police operation saw the seizure of over 40 companies, land, buildings, factories, bank accounts, stocks, cars, and yachts from the Sicilian business man Vito Nicastri, also known as the ‘Lord of the Wind’ due to his investments in wind farms and solar panel factories.

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