Security Magazine logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Security Magazine logo
  • NEWS
    • Security Newswire
    • Technologies & Solutions
  • MANAGEMENT
    • Leadership Management
    • Enterprise Services
    • Security Education & Training
    • Logical Security
    • Security & Business Resilience
    • Profiles in Excellence
  • PHYSICAL
    • Access Management
    • Fire & Life Safety
    • Identity Management
    • Physical Security
    • Video Surveillance
    • Case Studies (Physical)
  • CYBER
    • Cybersecurity News
    • More
  • BLOG
  • COLUMNS
    • Career Intelligence
    • Cyber Tactics
    • Cybersecurity Education & Training
    • Leadership & Management
    • Security Talk
  • EXCLUSIVES
    • Annual Guarding Report
    • Most Influential People in Security
    • The Security Benchmark Report
    • Top Guard and Security Officer Companies
    • Top Cybersecurity Leaders
    • Women in Security
  • SECTORS
    • Arenas / Stadiums / Leagues / Entertainment
    • Banking/Finance/Insurance
    • Construction, Real Estate, Property Management
    • Education: K-12
    • Education: University
    • Government: Federal, State and Local
    • Hospitality & Casinos
    • Hospitals & Medical Centers
    • Infrastructure:Electric,Gas & Water
    • Ports: Sea, Land, & Air
    • Retail/Restaurants/Convenience
    • Transportation/Logistics/Supply Chain/Distribution/ Warehousing
  • EVENTS
    • Industry Events
    • Webinars
    • Solutions by Sector
    • Security 500 Conference
  • MEDIA
    • Interactive Spotlight
    • Photo Galleries
    • Podcasts
    • Polls
    • Videos
      • Cybersecurity & Geopolitical Discussion
      • Ask Me Anything (AMA) Series
  • MORE
    • Call for Entries
    • Classifieds & Job Listings
    • Newsletter
    • Sponsor Insights
    • Store
    • White Papers
  • EMAG
    • eMagazine
    • This Month's Content
    • Advertise
  • SIGN UP!
Security Enterprise ServicesBanking/Finance/Insurance

Fraud Plot Foiled at Vatican Bank

March 30, 2014

Two men with false bond certificates worth trillions of euros (dollars) tried to bluff their way into a Vatican bank in a foiled fraud plot.

Financial Guard police Lt. Col. Davide Cardia said the two men tried to convince Swiss Guards at a Vatican City gate earlier this month that "cardinals were expecting them," said Fox News.

Cardia told The Associated Press that the suspects, a middle-aged Dutchman and a U.S. citizen, were detained by Vatican authorities after rapid checks by Vatican officials showed they had no such appointment nor connections with the Institute for Religious Works, the formal name of the bank, which is behind the tiny city-state's walls and isn't open to the public.

Cardia said the fake documents purported to be bond certificates for non-Italian companies, said Fox News. "The sum -- worth some 3 trillion euros (more than $4 trillion dollars) -- is impressive, even though it's only symbolic because we're talking about false" certificates, said Cardia, in charge of the financial police's operations in Rome and surrounding area.

Investigators suspect the men might have planned to use the fake bonds as security to open a large line of credit through the Vatican bank, said Fox News.

Italian police searched the men's room at a hotel near the Vatican and seized stamps and seals used to create the false documents,said Fox News.

Both suspects are believed to have left Italy.

KEYWORDS: fraud trends

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
To unlock your recommendations.

Already have an account? Sign In

  • Cyber tech background

    Security’s Top Cybersecurity Leaders 2026

    Security magazine’s Top Cybersecurity Leaders 2026 award...
    Cybersecurity
  • Iintegration and use of emerging tools

    Future Proof Your Security Career with AI Skills

    AI’s evolution demands security leaders master...
    Security Leadership and Management
    By: Jerry J. Brennan and Joanne R. Pollock
  • The 2025 Security Benchmark Report

    The 2025 Security Benchmark Report

    The 2025 Security Benchmark Report surveys enterprise...
    The Security Benchmark Report
    By: Rachelle Blair-Frasier
Manage My Account
  • Security Newsletter
  • eMagazine Subscriptions
  • Manage My Preferences
  • Online Registration
  • Mobile App
  • Subscription Customer Service

More Videos

Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the Security audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of Security or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

close
  • Northland Controls sponsored content
    Sponsored byNorthland Controls

    The Execution Gap: Why Great Security Design Doesn't Always Deliver Great Security

Popular Stories

security

6 Crisis Response Best Practices (That Actually Hold Up When Things go Sideways)

Photograph of apartment complex patios

Enhancing Residential Building Security

Blurry photo of people moving through the mall

Violence Remains Top Concern for Retailers

5 Minutes with Johnson

Can Organizations Trust Their Own AI?

Patient in bed

When Cyberattacks Hit Medical Devices, Patients Pay the Price

Kaseware sponsored webinar
Schneider Electric sponsored webinar

Events

August 25, 2026

Critical Infrastructure Security Is National Security: Protecting Essential Operations in an Era of Escalating Risk

LIVE: August 25, 2026 at 2 PM EDT Learn why critical infrastructure security has become a national security imperative, and the strategies organizations can adopt to improve visibility, collaboration, and response across their security operations.

August 27, 2026

Leveraging AI & Mobility to Advance Your Security Domain

LIVE: August 27, 2026 at 2 PM EDT Explore how AI-driven cloud security solutions can elevate your security domain enhancing threat detection, streamlining operations, and delivering the resilience modern organizations demand.

View All Submit An Event

Products

Security Culture: A How-to Guide for Improving Security Culture and Dealing with People Risk in Your Organisation

Security Culture: A How-to Guide for Improving Security Culture and Dealing with People Risk in Your Organisation

See More Products


Alertmedia sponsored webinar

Related Articles

  • School Bomb Plot Foiled in Minnesota

    See More
  • Bellagio Robbery Foiled At Blackjack Table

    See More
  • School Shooting Plot in Louisiana is Foiled

    See More

Related Products

See More Products
  • The Database Hacker's Handboo

  • Risk Analysis and the Security Survey, 4th Edition

  • facility manager.jpg

    The Facility Manager's Guide to Safety and Security

See More Products
×

Sign-up to receive top management & result-driven techniques in the industry.

Join over 20,000+ industry leaders who receive our premium content.

SIGN UP TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • Newsletter
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing