Cigarette Distributors in Italy Targeted in Probe
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<i> Associated Press</i>
NAPLES, Italy — Authorities have seized records and frozen accounts for distributors of Philip Morris Inc. cigarettes in a probe of $6.4 billion in allegedly unpaid taxes.
Five executives of cigarette distribution firms were placed under investigation last week by prosecutors in Naples. Philip Morris was not directly implicated in the probe.
The chief prosecutor in Naples, Raffaele Marino, claimed the companies failed to pay taxes to the state tobacco monopoly since 1987.
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