Calisto Tanzi
Italian fraudster (1938–2022) / From Wikipedia, the free encyclopedia
Calisto Tanzi (17 November 1938 – 1 January 2022) was an Italian businessman. He founded Parmalat in 1961, after dropping out of college. Parmalat collapsed in 2003 with a €14bn ($20bn; £13bn) hole in its accounts in what remains Europe's biggest bankruptcy.[1] In 2008 Tanzi was found to have embezzled an estimated €800 million from the company, and was jailed for fraud.[2] Although sentenced to up to 18 years in prison, Tanzi served just over two years in jail and then was placed under house arrest. [3]
Quick Facts Born, Died ...
Calisto Tanzi | |
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Born | (1938-11-17)17 November 1938 |
Died | 1 January 2022(2022-01-01) (aged 83) Parma, Italy |
Nationality | Italian |
Employer | Parmalat |
Criminal charge | Fraud, fraudulent bankruptcy, criminal association |
Penalty | Eight years imprisonment (final), 18 years imprisonment (appealed), nine years imprisonment (appealed) |
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