The Milan Court of Review has overturned the preventative seizure of nearly 249 million euros against Tim in the context of an investigation into alleged fraud in extra paid services. Judges Savoia-Galli-Ambrosino ordered the restitution of the sum to the company, represented by lawyer Paola Severino. The reasons for the decision will be filed within 30 days. The investigation by the Milan prosecutor’s office, conducted by the economic and financial police unit of Milan and the special unit for privacy protection and technological fraud of the GdF, focused on the period between 2017 and 2020, during which thousands of Tim users were allegedly charged undue amounts for unauthorized activations of value-added services (Vas) on their mobile phones, including sim cards used in applications such as alarm systems and home automation.
The large-scale seizure, which was overturned by the Court of Review, was initially ordered on February 8 at the request of deputy prosecutor Eugenio Fusco and substitute prosecutor Francesco Cajani by Judge Patrizia Nobile. The decision to cancel the seizure and return the funds to Tim marks a significant development in the case, with the judges likely finding that there was insufficient evidence to support the initial seizure. The investigation into the alleged fraud in extra paid services provided by Tim remains ongoing, and further developments are expected as the case progresses. The decision of the Court of Review to overturn the seizure highlights the complexities involved in cases of alleged corporate fraud and the importance of due process in legal proceedings.
The decision of the Court of Review to nullify the seizure of nearly 249 million euros against Tim is a setback for the prosecutors who had initially sought to freeze the funds as part of their ongoing investigation. This ruling represents a victory for Tim and its legal team, led by lawyer Paola Severino, who successfully argued for the return of the seized funds. The return of the funds to Tim will likely have a positive impact on the company’s financial standing and reputation, as it signals a vindication of its innocence in the alleged fraud case. The reasons for the Court of Review’s decision to overturn the seizure will be made public within 30 days, shedding further light on the legal basis for the ruling.
The investigation into alleged fraud in extra paid services provided by Tim has raised concerns about the potential abuse of value-added services by telecommunications companies. The alleged unauthorized activations of Vas on users’ mobile phones, resulting in undue charges, highlight the need for greater oversight and regulation in the provision of such services. The decision of the Milan Court of Review to overturn the seizure of funds in this case may prompt a reevaluation of the prosecutors’ case and the evidence presented against Tim. As the legal proceedings continue, it will be important to ensure that justice is served and any wrongdoing is appropriately addressed.
Overall, the nullification of the seizure of funds against Tim by the Milan Court of Review represents a significant development in the ongoing investigation into alleged fraud in extra paid services. The decision to return the funds to Tim indicates a lack of sufficient evidence to support the seizure, and raises questions about the legal basis for the initial action taken by the prosecutors. The reasons for the Court of Review’s decision will be made public in the coming weeks, providing further insight into the rationale behind the ruling. As the case continues to unfold, it will be important to monitor any new developments and ensure that justice is served in accordance with the law.
