In Italy, the police hunt continues for two men kidnapped this week. They are wealthy?
GV PAN FROM: Signpost 'Lecco' TO town.
GV PAN: Factory belonging to Pietro Fiocchi. (TWO SHOTS)
GV: Apartment block where Fiocchi lived.
GV & CU: Police examining Fiocchi's car for fingerprints. (FOUR SHOTS)
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Background: In Italy, the police hunt continues for two men kidnapped this week. They are wealthy Italian landowner, Duke Massimiliano Grazioli who was abducted in Rome on Monday (7 November), and Milanese arms manufacturer Signor Pietro Fiocchi, who was seized on Tuesday (8 November). These two abductions pushed the total number of kidnappings in Italy this year above 60.
SYNOPSIS: Signor Fiocchi was seized here in Lecco-a small industrial town on lake Como-as he left for home from his work as managing director of Italy's third largest arms companies. Police immediately set up road blocks, but were unable to catch the kidnappers. It is believed that at least three gunmen were involved in the ambush, forcing the industrialist into a getaway car.
Signor Fiocchi's family are still waiting for a ransom demand from the abductors. Kidnapping has become big business in Italy, and the authorities estimate that crime syndicates have earned up to GBP33 million (around ($ 59 million) in ransom in the past six years. This week's abduction of Duke Massimiliano Grazioli is the first seizure of a member of Rome's nobility.
It is believed his kidnappers are seeking a ransom of 10,000 million lire ( $ 11 million ), which his family are reported to be unable to pay. These latest attacks have led the Italian Government to call a special Cabinet meeting for next week to review the deterioration of law and order.