Code words and safe phones: anatomy of a money smuggling plot

ROME
Reuters

By Philip Pullella
ROME | Mon Jul 1, 2013

(Reuters) – To most people, a book is a book. But to Monsignor Nunizio Scarano, a Vatican official arrested on charges of money smuggling, a “book” was a code word for one million euros in cash, a report by the judge on the case said.

“Encyclopaedia,” and “bookmarks” were among other code words that Scarano, who had close connections to the Vatican bank, used in phone conversations with secret service agent Giovanni Zito and broker Giovanni Carenzio, it said.

The three were arrested on Friday for allegedly attempting to smuggle 20 million euros in cash from Switzerland a year ago for Scarano’s rich shipping industry friends in their home town of Salerno in southern Italy.

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