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Italian mafia rakes in $128 billion annually - report

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Organized crime is the most profitable business in Italy, according to a report on small and medium-sized firms, submitted to the interior ministry on Monday.
ROME, October 22 (RIA Novosti) - Organized crime is the most profitable business in Italy, according to a report on small and medium-sized firms, submitted to the interior ministry on Monday.

According to the document, annual income from organized crime in the country amounts to 90 billion euros ($127.7 billion), or 7% of the country's GDP.

The mafia makes from protection rackets alone, imposed on some 150,000 Italian companies, around 30 million euros ($43 billion) annually, the report says.

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