Behind the Vatican’s London real estate scandal

The Vatican has set a July 27 trial date for 10 people, including a once-powerful cardinal and papal contender, on charges related to the Holy See’s 350 million-euro investment in a luxury London real estate venture. The 487-page indictment request capped a two-year investigation that exposed how the Vatican had lost millions of euros — much of it donations from the faithful — in fees to brokers, bad investments and other questionable expenses. Beyond that, prosecutors allege a variety of charges against the defendants, including extortion, embezzlement, abuse of office and corruption. Here is breakdown of the case, the accusations and some of the key players.

Behind the Vatican’s London real estate scandal

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