Gian Mario Rossignolo WAS the chairman of De Tomasso, the now defunct car company. He allegedly misused $9.2 million, which was meant for his company. Instead, the European Union found it in his bank accounts, and in the accounts of some other top executives.
He, and 2 other major personel in the company were arrested and are awaiting trial.
- Chairman Of Troubled Italian Exotic Car Maker De Tomaso Has Been Arrested [De Tomaso] (jalopnik.com)