Vatican City, Dec 10, 2019 / 03:50 pm (CNA).- The Italian businessman responsible for investing millions of Vatican funds owned a stake in an online options trading company fined in 2016 by the Securities and Exchange Commission for misleading investors.

Raffaele Mincione, through whom the Vatican’s Secretariat of State has invested hundreds of millions of dollars in donations from the faithful, bought in 2015 a 5% stake in EZTD Ltd, an Israeli-based company known as EZTrader.