Former CEO imprisoned for $11 million scheme to acquire top Italian...

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2024-03-21 10:51:37 -

WWW.CYCLINGWEEKLY.COM

Former CEO imprisoned for $11 million scheme to acquire top Italian cycling brands

Mancini fraudulently raised millions from investors to acquire cycling brands De Rosa, De Marchi Apparel, Limar Helmets, Cinelli and Columbus, yet none of the acquisitions were made.

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