Stellantis chair John Elkann has assets seized over alleged tax fraud

John Elkann Arc 2024 — The investigation alleges Stellantis Chairman John Elkann did not pay taxes on assets he and his siblings inherited after the death of their grandmother in 2019. (BLOOMBERG)

R

By:

Reuters

September 20, 2024 05:44 PM

MILAN — An Italian judge has seized assets worth about €75 million ($84 million) from five people including Stellantis and Ferrari Chairman John Elkann as part of an investigation into alleged tax fraud, prosecutors said Sept. 20.

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