Stellantis And Ferrari Chairman’s Assets Reportedly Seized In Tax Fraud Probe
The Agnelli and Elkann families are some of the most powerful names in the automotive industry, but John Elkann is taking a big hit today as an Italian judge has reportedly seized some of his funds as part of an investigation into alleged tax fraud.
Stellantis Chair Elkann Targeted in 75 Million Euro Seizure Over Alleged Tax Fraud
MILAN (Reuters) - An Italian judge has seized assets worth around 75 million euros ($84 million) from five people including Stellantis and Ferrari Chair John Elkann over an investigation into alleged tax fraud, the Turin prosecutor's office said on Friday.
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