Parmalat executives arrested in fraud case

PARMALAT Finanziaria’s former chief financial officers Fausto Tonna and Luciano Del Soldato are among six executives arrested by the Italian police today as part of a probe into the collapse of Italy’s largest food company, sources familiar with the investigation said.

Oreste Dominioni, a lawyer for Tonna, confirmed that his client is in police custody.

Another three arrest warrants have been issued, said the sources who declined to be named.