A new lawsuit accuses a New York banker – the heir to a wealthy Italian family – of stealing $4.1 million from his sister and brother’s inheritance.
Giorgio Tupini, 36, who works in finance in New York, has been temporarily entrusted with $7.6 million left by his father, Sergio Tupini, 71, to share with his two siblings, Priscilla, 34, and Federico, 20 according to last week’s lawsuit in the Manhattan Supreme Court.
Sergio, a lawyer from Rome, Italy, had received the money from his late mother, Maria Teresa de Martino, the daughter of a wealthy tobacco manufacturer who was worth at least $23 million when she died in May 2021 at the age of 90, according to the lawsuit Sergio’s lawyer.
But Giorgio, who allegedly had the funds transferred from a Swiss account to a New York Chase bank account he controlled in July and August 2020, then disappeared, the claims filed.
“Giorgio, Priscilla, Federico and Sergio agreed to use the Chase Bank account as a temporary deposit of the children’s inheritance since the account was available to receive the money at the time,” the lawsuit reads. “And because it was (wrongly) assumed that Giorgio, a financial services provider, was best qualified to manage the account and later make the necessary transfers to his family members.”
Giorgio reportedly remitted just $1 million to his siblings on Feb. 1, 2022 — despite the fact that Federico and Priscilla together owed just over $5 million, according to the lawsuits.
Sergio has since tried “numerously” to call and email his son, but Giorgio hasn’t responded and hasn’t sent the remaining $4.1 million to his siblings, the court documents said.
Giorgio has since apparently moved out of his Greenpoint, Brooklyn apartment, and no one in the family knows where he currently resides, the lawsuit alleges.
A New York judge on Tuesday granted Sergio’s request to freeze Chase’s bank account, although the family doesn’t know how much of their money remains in it, according to Sergio’s attorney Jay Freiberg.
“They wanted to put the money in the names of the three children,” Freiberg told the Post. “Giorgio was in finance, the oldest boy, he said, ‘Send it to me in the United States. I’ll take care of it.'”
“When it came time to send it back to Federico and Priscilla, Giorgio only returned $1 million,” Freiberg claimed. “He called it the first installment and he’s been MIA ever since.”
“I think it’s driven by greed and maybe a falling out with his father,” Freiberg said of Giorgio’s actions. “He’s clearly stealing from his family and it’s pretty serious stuff.”
“It is unfortunate what Giorgio is doing to his siblings and we look forward to the court continuing to right this wrong,” Freiberg said.
A working phone number could not be found for Giorgio. The Post also tried to reach him for comment via email and on Instagram.
https://nypost.com/2022/05/30/giorgio-tupini-accused-of-stealing-4-1m-from-siblings-inheritance/ Giorgio Tupini accused of stealing $4.1million from siblings’ inheritance