Italy seizes gold, luxury villas and cash tied to Sicilian Mafia drug-trafficking gains

Italian authorities have seized more than $232 million in assets linked to the late mafia boss Matteo Messina Denaro’s drug trafficking network.

MILAN — Italian authorities have seized more than 200 million euros ($232 million) in assets linked to the late mafia boss Matteo Messina Denaro’s drug trafficking network, in what anti-mafia prosecutors described Thursday as a blow to the Sicilian Mafia’s attempts to rebuild its financial power.

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The seizures included more than 12 kilograms (26 pounds) in gold bars, millions in cash, premium watches and some 20 luxury properties, investigators told a news conference.

Messina Denaro died in a prison hospital some nine months after he was arrested in January 2023, ending three decades as a fugitive. He had been tried in absentia and convicted in dozens of murders, including helping to mastermind a pair of 1992 bombings that killed top anti-Mafia prosecutors Giovanni Falcone and Paolo Borsellino.