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How the Italian Mafia Is Targeting Europe’s Crisis Recovery Fund Bloomberg 4/03/2021 John Follain and Alessandra Migliaccio (Bloomberg) Criminal enterprises like their legitimate counterparts have suffered during the pandemic-induced economic crisis. But the Italian mafia has already laid the foundation for a massive payday. Last year, when countries were seized by lockdowns, the mafia started infiltrating cash-starved companies in a bid to siphon money from the European Union’s recovery fund and the 1.8 trillion euros ($2.2 trillion) that will, in part, start flowing to struggling firms later this year, according to Maurizio Vallone, Italy’s top investigator on organized crime.

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