Jalopnik Investigates: John Elkann and the $84 Million Tax Evasion Allegations
Background on the Investigation
In a shocking turn of events, Jalopnik has reported that Stellantis and Ferrari chair John Elkann is under investigation for alleged tax fraud. Prosecutors have seized more than $84 million in assets, claiming Elkann and his family avoided inheritance taxes on assets inherited after their grandmother's passing in 2019. This scandal casts a shadow over the automotive giant's ongoing struggles with sales and profitability.
Details of the Allegations
- The investigation alleges Elkann and his siblings failed to pay taxes based on their grandmother's residency status.
- Prosecutors argue that claims of her Swiss residency were part of a criminal effort to evade Italian tax laws.
Family Disputes and Legal Responses
The case is part of a bitter family dispute over the legacy of Gianni Agnelli, raising questions about the Elkann's financial dealings. Elkann's lawyers maintain that their clients are not liable, asserting a lack of connection to the alleged illicit activities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.