Italian police raid Chinese mafia

Italian police raid Chinese mafia

Editor: Philip Ragner | Tactical Investor

We cover multiple arrays of topics for one simple reason. The world is interconnected, and it is not only financial factors that drive the markets. Geopolitics is another major driving force behind the markets. Crowd Psychology dictates that if you focus on the tree, you will forget that the tree is part of a forest and in doing so you will miss the bigger picture. For example, George Soros is behind the surge in fake stories, the massive Anti-Trump riots and the funding of plethora of revolutions that seek to change the existing regime.  Having the ability to cross analyse multiple factors with an open mind provides you with a much clearer picture of what to expect from the financial markets. On that note, we think you might find the following story of interest:

No one can claim to have mastered the markets fully and anyone that does lay claim to such a title should be avoided like the plague.   For example, after QE all the rules changed and many time-tested indicators simply ceased to work because the operating environment had changed forever. The markets were suddenly hit with a force that they had never been hit with before.  A fed that was determined to destroy any shred of free market forces left in the market.  This surprised everyone, and it even caught us off guard initially.  Many so-called experts refuse to accept that they made a mistake or could be wrong. Bull Markets Vs Bear Markets & Arrogance

An operation targeting the Chinese Mafia in Italy has led to police issuing more than thirty arrest warrants.

In Florence, police coordinated a number of dawn-raids. The arrests took place not only in multiple parts of Italy but also in neighbouring France and Spain.

Italian police forces have struggled with the rise of Chinese criminal gangs which create fake goods and often run prostitution rings.

Contraband material which enters Italy and other European countries illegally has previously been seized by the authorities. Full Story

 

Police in Italy say they have cracked open a violent Chinese criminal group which had infiltrated the national transport sector and expanded into France, Germany and Spain.
Thirty-three suspects were arrested in a sting which disemboweled a “Chinese mafia organisation” accused of using “intimidation and violence” to prey on Chinese companies looking to transport products by road, police said on Thursday.

As well as controlling the movement of goods throughout Italy and on to Paris, Madrid and the German city of Neuss, the gang was also lining its nest with money from “extortion, usury, illegal gambling houses, prostitution and drugs peddling,” it said.

The mastermind was one Zhang Naizhong, 57, who goes by the nickname “the black man” and who behaved like a stereotypical mafia boss, dining in fine restaurants while underlings grovelled, according to La Repubblica.

His young lover was among those arrested by officers, who found bundles of cash stashed in her apartment, it said.

The investigation, dubbed “China Truck” and opened in 2011, was carried out by police in Prato, a city in Tuscany with a large Chinese community, working mainly in the textile industry. Full Story

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