Chogan Group executives, including its co-founders, have been arrested for “tax fraud, money laundering and self-laundering, as well as tax and bankruptcy crimes.”
Operation “Paradise World”, an investigation initiated by Italian authorities, resulted in four arrests made earlier this week.
Chogan Group is an Italian personal care MLM company launched in 2013.
As
reported by La Gazzetta Del Mezzogiorno
on May 30th;
The operation of the Trani Prosecutor’s Office which today 30 May 2024 led to four arrests (three in prison, one under house arrest, plus one ban from commercial activities) on charges of criminal association aimed at tax fraud, money laundering and self-laundering, as well as tax and bankruptcy crimes.
There are nine people under investigation in total, plus the Chogan Group Spa company pursuant to law 231.
Those arrested so far are:
Pier Luigi Scricco – cited as Chogan Group’s accountant and “mastermind of the fraudulent scheme”
Michelangelo Paradiso, Chogan Group co-founder, CEO
Scelzo Liborio, Chogan Group co-founder and President
and Arcangela Fumarulo, Chogan Group co-founder (house arrest)
Delfino Kemuel Paradiso wasn’t arrested but has received a six-month ban from participating in “entrepreneurial activities”.
As
reported by Puglia Viva
, Charges filed against all five Chogan Group defendants are related to “criminal conspiracy aimed at committing tax crimes”.
The fraudulent scheme appears to have been designed to artificially drive up Chogan Group’s costs. This in turn drove down Chogan Group’s payable tax.
As part of the investigation, Italian authorities have seized €355 million euros in assets tied to Chogan Group.
Tracking the Chogan Group criminal cases will likely prove challenging but we’ll keep you posted on any updates.
🤖 Quick Answer
What is Chogan Group and what are the charges against its founders?Chogan Group is an Italian multi-level marketing company specializing in personal care products, established in 2013. Its co-founders and executives were arrested in May 2024 by Italian authorities during Operation "Paradise World" on charges including tax fraud, money laundering, self-laundering, and bankruptcy crimes.
How many people were arrested in the Chogan Group investigation?
Four individuals were arrested during Operation "Paradise World": three were detained in prison and one placed under house arrest, with an additional person receiving a ban from commercial activities. The investigation involved nine people total under investigation.
Which Italian authority conducted the investigation into Chogan Group?
The Trani Prosecutor's Office initiated and conducted Operation "Paradise World," the investigation that resulted in the arrests of Chogan Group executives on May 30, 2024, for various
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