Calisto Tanzi

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Calisto Tanzi (born 1938 in Italy) is an Italian businessman notorious for embezzling an estimated eight-hundred million euros from Italian company Parmalat, founded by him, resulting in a great loss for the company.[1] Tanzi was the founder of Parmalat and its CEO at the time. Tanzi is currently incarcerated in a Milan prison, and reportedly admitted during questioning at the prison that he diverted funds from Parmalat to other sources.

Tanzi founded Parmalat in 1961 after dropping out of college.

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