According to CoinMeta, as reported by Italian media milano, in February 2026, paolo, the former chairman of fideuram, received messages pretending to be from intesa of the sanpaolo group ceo carlo messina. He also received calls with artificially synthesized voices impersonating lawyer paolo nastasi. Subsequently, he instructed the finance department to transfer funds to accounts in mainland China, Hong Kong, and other places, with an initial amount of about 95 million euros transferred. fideuram later recovered about 40 million euros, and the Portuguese authorities froze another 13 million euros. However, at least 36 million euros were exchanged for cryptocurrencies after multiple overseas transfers. Investigators are tracking the related funds through international judicial assistance. molesini was not investigated and resigned from his position as chairman on March 12 due to "personal reasons."