{"id":3432,"date":"2024-01-22T15:50:00","date_gmt":"2024-01-22T15:50:00","guid":{"rendered":"https:\/\/truthtechnologies.com\/?p=3432"},"modified":"2024-01-22T15:54:19","modified_gmt":"2024-01-22T15:54:19","slug":"cardinal-becciu-convicted-of-embezzlement-using-vatican-money","status":"publish","type":"post","link":"https:\/\/truthtechnologies.com\/es\/cardinal-becciu-convicted-of-embezzlement-using-vatican-money\/","title":{"rendered":"Cardinal Becciu Convicted of Embezzlement Using Vatican Money"},"content":{"rendered":"<h2 class=\"wp-block-heading\">Vatican Cardinal Angelo Becciu<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Cardinal Giovanni Angelo Becciu was born in Pattada, Sassari, Italy, on June 2nd, 1948. On August 27th, 1972, Becciu became a priest. Pope Francis created and proclaimed Cardinal Becciu on June 28th, 2018.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Vatican cardinal is a senior ecclesiastical official within the Catholic Church whom the Pope has appointed. Cardinals are considered the most senior members of the clergy below the Pope. Cardinals also play crucial roles in the governance of the Church. Roles such as electing, advising, and representing the Pope. The title &#8220;cardinal&#8221; derives from the Latin word &#8220;cardo,&#8221; meaning &#8220;hinge.&#8221; This suggests the cardinal&#8217;s vital role as an advisor to the Pope.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The embezzled Vatican money<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The trial emphasized the Vatican Secretariat of State&#8217;s investment of <a href=\"https:\/\/www.pbs.org\/newshour\/world\/vatican-cardinal-sentenced-to-5%c2%bd-years-in-prison-after-being-convicted-of-embezzlement\">350 million<\/a> euros, about <a href=\"https:\/\/www.pbs.org\/newshour\/world\/vatican-cardinal-sentenced-to-5%c2%bd-years-in-prison-after-being-convicted-of-embezzlement\">382 million<\/a> in U.S. dollars. The money was used to acquire and transform a former Harrod&#8217;s warehouse into luxury apartments in London. According to a PBS article written by Nicole Winfield, Associated Press, &#8220;Prosecutors alleged Vatican monsignors and brokers fleeced the Holy See of tens of millions of euros in fees and commissions and then extorted the Holy See for 15 million euros to cede control of the building&#8221; (Winfield, 2023).&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Vatican Court accused Cardinal Becciu of two counts of embezzlement. The first was sending <a href=\"https:\/\/www.pbs.org\/newshour\/world\/vatican-cardinal-sentenced-to-5%c2%bd-years-in-prison-after-being-convicted-of-embezzlement\">125,000<\/a> euros to a charity his brother ran in Sardinia. The second one is his involvement in transforming the warehouse into luxury apartments in London, which totaled <a href=\"https:\/\/www.pbs.org\/newshour\/world\/vatican-cardinal-sentenced-to-5%c2%bd-years-in-prison-after-being-convicted-of-embezzlement\">200 million<\/a> euros.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Vatican trial&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">After a 2 1\/2 year trial, the Vatican court sentenced Cardinal Becciu to 5 \u00bd years in prison, convicted of embezzlement using Vatican money. A Vatican court has sentenced Cardinal Becciu, marking him as the first cardinal to receive such a sentence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cardinal Becciu is just one of many suspects that went to trial. Winfield also mentioned in the PBS article, &#8220;The tribunal acquitted many of the suspects of many of the biggest charges, including fraud, corruption, and money-laundering, determining in many cases that the crimes simply didn&#8217;t exist&#8221; (Winfield, 2023).&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How TTI can help:<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Compliance software can play a crucial role in preventing and detecting embezzlement. Compliance software helps enforce and monitor adherence to established rules, regulations, and internal policies within an organization. <a href=\"https:\/\/truthtechnologies.com\/es\/aml-crypto\/\">Truth Technologies<\/a> &#8216;provides software that can help prevent financial crime within your organization. Contact us today for a free demo and see how we can help your organization adhere to the Bank Secrecy Act and AML\/KYC regulations.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information, click <a href=\"https:\/\/www.pbs.org\/newshour\/world\/vatican-cardinal-sentenced-to-5%c2%bd-years-in-prison-after-being-convicted-of-embezzlement\">here<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Vatican Cardinal Angelo Becciu Cardinal Giovanni Angelo Becciu was born in Pattada, Sassari, Italy, on June 2nd, 1948. On August 27th, 1972, Becciu became a priest. Pope Francis created and proclaimed Cardinal Becciu on June 28th, 2018. A Vatican cardinal is a senior ecclesiastical official within the Catholic Church whom the Pope has appointed. Cardinals [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":3434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_front_end_style_editor":"no","ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[10],"tags":[],"class_list":["post-3432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article-summaries","entry","has-media"],"yoast_head":"<!-- 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