The scale of the fraud at Parmalat has left the public open-mouthed.
The SEC has called it ‘one of the largest and most brazen corporate financial frauds in history’. Certainly, in terms of corporate crime, Parmalat is a worthy companion to Enron, Adelphia, WorldCom and a number of others in the rogues’ gallery of corporate villains. To the sheer scale of the missing funds, add the apparent suicide of Alessandro Bassi, an accountant who reported directly to ex-CFOs Fausto Tonna and Luciano Del Soldato, and you have all the makings of a John
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