A Forcibly Retired Moneyman

Gray-haired, pale and immaculate in his neatly pressed prison uniform, Michele Sindona, 62, retains an aura of the multimillionaire banker and financial genius. Now serving a 25-year term in upstate New York for bank fraud in connection with the 1974 collapse of the Franklin National Bank, Sindona was for years a financial adviser to the Vatican. Though he still insists that he was framed in the Franklin affair by powerful Italian state banking interests who would not produce documents that would clear him, he readily admits to being deeply involved in the events...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!