Italian luxury yacht maker Ferretti SpA, known for building high-end vessels for the world’s super-rich, is facing two criminal investigations after surveillance devices were found at its Milan headquarters in April 2024.
According to people familiar with the matter, Xu Xinyu, an executive director at Ferretti and board member representing Chinese majority owner Weichai Group, became suspicious after noticing an SUV and two unidentified men outside Ferretti’s Milan office, an 18th-century palace. He saw the same individuals multiple times at luxury hotels like the Mandarin Oriental and Palazzo Parigi, which led him to believe he was being followed.
Xu hired a private counter-surveillance company, which on April 3 found a listening device and signal amplifier hidden on his desk. Additional surveillance devices were found in the offices of Ferretti’s board secretary and Chinese-Italian translator, embedded in power outlets. Ferretti confirmed to Bloomberg News that surveillance equipment had been found.
In response to the
Content Original Link:
" target="_blank">
