Gianluigi Torzi is an Italian businessman at the center of a Vatican real estate investment scandal involving hundreds of millions of dollars spent on the purchase of a building in London.

In June of 2020, Torzi was arrested by Vatican authorities and charged with fraud, embezzlement, and money laundering. He was released 10 days later after a $3 million euro bond agreement he never honored.

A new warrant for Torzi’s arrest has been issued by Italian authorities this week using information taken in part from the Vatican, and as a result, two senior officials from the Secretariat of State — Cardinal Pietro Parolin, the Cardinal Secretary, and Cardinal Angelo Becciu, the former Sostituto (Second in Command) — have both been implicated in the London deal. From The Pillar:

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