It all started, says Brother, "in 2008, when the bank requires, in fact, its account holders to purchase shares of the People. The mechanism is simple: those who asked for a loan or a credit line, for example, they were offered 100,000, provided that 50,000 were in shares of the same bank. Shares, however, before, they had been inflated up to a value of EUR 62.15, then dropped, a few months ago, to 48 euro, and that could not be exchanged. "
200,000 shareholders of Banca Popolare di Vicenza robbed
Below is the complaint of James Berti's M5S Veneto:
"This morning the Financial Police raided the headquarters of Banca Popolare di Vicenza and offices across Italy. Some leaders are under investigation for offenses of insider trading and obstruction of the functions of public supervisory authorities committed until December 2014. At about 200 thousand bank shareholders, ordinary citizens, burned the life savings of 2 billion and 600 million euro of savings pulverized! Many account holders complain of being forced by intimidation and blackmail to buy shares worth revocation of trust, the concession loans or access to credit cards at competitive terms: blackmail in the name of profit for the bank and for the lobby.
The Movement 5 Stars was the first political force to denounce. We were the only ones to take to the streets with shareholders on September 12, after denouncing the scandal in Parliament with a question. We will not give respite to these scammers and ask for a guarantee fund financed by the Cassa Depositi e Prestiti and managed by the Veneto Region to bring economic relief to small shareholders damaged, a separation between investment banks and commercial banks and a tax on financial speculation. We are promoting a class action to sue a systemic corruption in which small businesses and citizens are cheated. "
[Source: tzetze.it]
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