Milan, 30 March (LaPresse) – The Provincial Command of the Guardia di Finanza in Reggio Calabria has enforced a ruling by the Court of Appeal at the Court of Reggio Calabria ordering the definitive confiscation of sole traders, companies, real estate assets, cars, bank and financial accounts, and luxury watches, with a total value of over 20 million euros. The measure was implemented following a financial investigation carried out by the GICO unit of the PEF Unit in Reggio Calabria, as a result of inquiries conducted as part of Operation ‘Araba Fenice’, led by the local District Anti-Mafia Directorate. During these investigations, the involvement of a ‘criminal cartel’ emerged, comprising prominent members of the ‘Ndrangheta clans of Chirico, Musolino, Ficara-Latella, Rosmini, Fontana-Saraceno, Ficareddi, Condello and Nicolo’-Serraino, who were involved in the completion of numerous buildings constructed in the southern part of Reggio Calabria.