About The Truth. He was duped, along with other VIPs, by an Italian investor who had promised high-yield investments. The commercial court of London agreed with the Nerazzurri coach
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It is not a great period for Antonio Conte. Leaving aside the football disappointments, the Inter coach is grappling with a financial scam he was the victim of at the time of Chelsea and is trying to recover an investment of 30.6 million euros that went up in smoke. The story is told by the newspaper La Verità, by Alessandro Da Rold who reports the details of two sentences of the English Commercial Court. The story is taken up by Dagospia.
In the second, dating back to a few days ago, there is an order for payment against Massimo Bochicchio, an Italian investor in England, owner of several investment companies. Bochicchio had a past in HSBC, one of the most important investment banks in the world, in the Global Banking & Markets division. It was he, according to British judge Dave Foxton, once he went on his own, to have conducted the scam to the detriment of eight people, including Conte, through his company Kidman. Everyone had promised high-yield investments.
After a back and forth that lasted months, the eight unfortunates expected a payment of 33.1 million euros by 30 June 2020, but they did not receive anything, so they at least tried to recover the sums invested in the past years. But Bochicchio doesn’t want to pay. According to the judge, the evidence against him is clear. Now the order for payment has arrived in Bochicchio. The newspaper writes:
“Bochicchio saw $ 61.4 million worth of assets frozen, including luxury properties in Miami, Italy and London. Among these is the luxurious house in Holland Park where Conte lived at the time of Chelsea and where his brother Gianluca who was a consultant to Bochicchio himself in Tiber Capital remained. Current accounts in the UK, Credit Suisse and HSBC were also blocked. He risks the seizure of assets if he does not comply with the injunction. Among these, 6.5 million pounds must be paid to Palesa Sarl, a company in Luxembourg and 30.6 million euros to Conte.“.
