Giorgio Mendella

Giorgio Mendella (Monza, 2 March 1953) is an Italian businessman and fraudster.

Biography

Born in Monza but living in Viareggio by adoption, he graduated as an electrical engineer and subsequently studied computer science and economics as a self-taught. ^[1]

He first worked as a delivery boy at an art gallery whose owner, at the end of the 1970s, proposed that he appear on the screens of Bergamo TV to take care of TV sales of paintings and other works of art. ^[1]

In the 1980s he founded his own television station, Rete Mia, in Lucca, and later, at the turn to the following decade, he created the Intermercato group, a holding company that controlled dozens of companies, ^[1] with a turnover estimated, according to data reported by the press of the time, at over 1 billion lira. ^[2] In addition to Rete Mia, Mendella owned the companies Capitalfinanziaria, Domovideo, Fin Versilia, Publimercato '90, Interco, Mias Assicurazioni and many others, including the Viareggio football team. At the Pini stadium in Viareggio, Mendella periodically organized conventions with thousands of members/investors; according to what was reported by the Giornale, in 1989 he was the creator of the first public company in Italy.

He later entered the free telephony market with a telecommunications satellite, founding the Primosat Corporation company based in Viareggio.

When the Berlin Wall fell, it entered the Eastern European markets with commercial, real estate and tourism initiatives; opened a supermarket in Bucharest that sold Western goods in the local currency. ^[3]

Lawsuits

In 1991 Mendella was indicted for a series of crimes including criminal association, fraud, abusive solicitation of public savings, abusive practice of the banking profession and false accounting. ^[4]

The Rete Mia experience ended in 1999, when the Court of Lucca convicted Mendella of fraudulent bankruptcy, partly absolving him of the other crimes and partly declaring that prescription had occurred.

The reasons for the conviction issued by the Lucca court indicated the sum attributed to it, as "used for personal purposes", in the amount of 984 million lire. ^{[5] [6] [7] [8]}

References

1. Massimo Emanuelli. "Giorgio Mendella - Da Bergamo TV a ReteMia". Archived from the original on 2007-09-29.
2. Giampiero Martinotti (9 May 1989). "Il mosaico di Mendella". la Repubblica.
3. Ferrigno. (2018). Raphaël et Agostino Chigi : le peintre et son mécène. Presses universitaires de Rennes. ISBN   978-2-7535-7559-2. OCLC   1126355651 . Retrieved 23 September 2022.
4. Christian Raimo (8 September 2013). "Mendella, il bancarottiere visionario tra finanza e tv".
5. "Vent'anni di truffe ai Bot-People. Sono finiti in fumo 22 miliardi". la Repubblica. 30 October 2003.
6. "Giorgio Mendella". 28 November 2005.
7. Ruggero Capone (7 May 2014). "All'economia Renzi servirebbe Mendella".
8. Mario Gerevini (16 January 2011). "Il ritorno di Mendella. Ora ci prova al Nasdaq con il «Defender»". Corriere della Sera. p. 31. Archived from the original on 2014-08-12.