Businessman Gian Mario
Rossignolo was indicted Monday for fraud in the bankruptcy of
sports and luxury carmaker De Tomaso Automobili SpA.
He and seven other co-defendants, including his son
Gianluca, face trial beginning in March 2016.
Three more co-defendants plea-bargained sentences of 22-24
months.
Founded in 1959, De Tomaso owned legendary sports carmaker
Maserati from 1976-1993, and Moto Guzzi motorcycles from
1973-1993. It went into liquidation in 2004, and Rossignolo
acquired it in 2009.
He was arrested in 2012 for allegedly swindling the labor
ministry out of 7.5 million euros earmarked for training 1,000
workers - but the courses never took place.
De Tomaso was bought earlier this year by Ideal Time
Venture Ltd, which is domiciled in the Virgin Islands and
operates out of Hong Kong.
The firm paid just over one million euros for the Italian
carmaker, which still has 900 workers on the books - all of them
laid off.
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