CEPU founder arrested for fraudulent bankruptcy

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(ANSA) – ROME, MAR 8 – A businessman who founded university
training group CEPU was arrested Monday on suspicion of
fraudulent bankruptcy.
    Police also seized 28 million euros from the man, Francesco
    The site of E-Campus, a CEPU group company, was impounded near
Como. It is worth some six million euros.
    The probe involves a total of six people accused of fraudulent
bankruptcy and tax evasion, among other financial crimes,
judicial sources said.
    Polidori and others allegedly caused the fraudulent bankruptcy
of two large companies, police said.
    Polidori has been placed under house arrest. (ANSA).


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