Professor Ervin Karamuco.

'Old Man' Came in Albania to Launder Cosa Nostra's EUR 18 Million

June 18, 2021. At the Rinas airport, two Italian citizens land. An elderly man in his 90s who was accompanied by a 60-year-old man. Both looked quite normal but in Italy, the old man was known as one of the important exponents of the most infamous "Cosa Nostra" mafia. 

He was Francesco Zummo, the master of money laundering. As the Palermo prosecution reveals, it has managed the money of the mafia mayor Vito Ciancimino and other exponents of "Cosa Nostra" Leonardo Greco and Michelangelo Aielo since the '70s. 

"It turns out that Francesco Zummo had wisely managed the Cosa Nostra's endless monetary resources in the '70s and' 80s." Zummo was coming to Albania to do what he knew he had been doing for decades, laundering and circulating the money of the big mafia bosses. The old man, as he was known in the ranks of the mafia, was considered the key man of financial operations in recent years. 

"Where the old mafias of Sicily are retiring, one of the hypotheses raised, there are 4-5 thousand families retiring in Albania come from southern Italy and say we are retired and here we live better than in Italy because of the costs. We should not prejudge them, but some should be verified," said Ervin Karamuço, Professor of Criminology. 

There are suspicions that the amount of EUR 18.3 million blocked in Tirana by SPAK, are part of the treasury left behind by Toto Riina. He is known as "capo dei capi", the boss of the bosses of Cosa Nostra who passed away a few years ago. 

"Bernardo Provenzano suffered the same fate as Toto Riina, but who is their successor, he is Mesaina Denaro one of the 10 most wanted in the world, he spent the holidays in Greece and it is suspected that he may have been in Albania," said Ervin Karamuço, Professor of Criminology. 

Zummo's companion, Fabio Petruzzela, was the financier who took care to get everything ready through his connections in Tirana. 

"He personally accompanies Francesco Zummo in Tirana and on June 18 assists him in opening an account at Alpha Bank. Where is Cosa Mostra's money? 80% seized from Italy. What about the other 20%? Where is the part of Toto Riina, especially that belonged to the big dome, they are cash and of course they want to lose track, the solution was to go out of Italy and have to find the nest in weak banking systems, where the systems are weak," said Ervin Karamuço, Professor of Criminology.