Italian and Spanish authorities have dismantled a drug ring allegedly controlled by the Polverino clan from the Camorra or Neapolitan Mafia which smuggled Moroccan hash as reported by ANSA: "fully 100 people were arrested in Italy and another 30 in Spain."
Authorities claim the ring made an "annual profit of 60-million euros ($78 million) from smuggling 6 tons of hashish a year since 2006" as reported by Bloomberg.
In March 2012 reputed clan boss Giuseppe Polverino was arrested in Spain after six years on the lam as reported by AGI.
Polverino allegedly made a fortune by controlling the hashish trade from Spain to Italy, and further had accumulated an extensive business empire which stretched into northern Italy and Spain.
In May 2011 Italian police seized more than a billion euros in suspected Polverino clan assets "including construction companies, luxury villas and cars, vast tracts of land, shell companies, bank accounts and even butchers and bakeries" as reported by Expatica.com.
