Carter Roy

He was sentenced to four years in prison, but he appealed it and eventually got released while waiting for a new trial. Except Calvi wasn't out of the woods yet. His investors soon learned that Banco Ambrosiano had more debts than it could pay for.

He was sentenced to four years in prison, but he appealed it and eventually got released while waiting for a new trial. Except Calvi wasn't out of the woods yet. His investors soon learned that Banco Ambrosiano had more debts than it could pay for.

He was sentenced to four years in prison, but he appealed it and eventually got released while waiting for a new trial. Except Calvi wasn't out of the woods yet. His investors soon learned that Banco Ambrosiano had more debts than it could pay for.

It resulted in an even bigger scandal that implicated the Vatican and tangentially involved Pope John Paul I. In June of 1982, Banco Ambrosiano finally collapsed with over $1.4 billion in debt, and Calvi had no way to pay it back. The next day, Calvi was discovered hanging from scaffolding with pieces of bricks and an assortment of national currencies in his pocket.

It resulted in an even bigger scandal that implicated the Vatican and tangentially involved Pope John Paul I. In June of 1982, Banco Ambrosiano finally collapsed with over $1.4 billion in debt, and Calvi had no way to pay it back. The next day, Calvi was discovered hanging from scaffolding with pieces of bricks and an assortment of national currencies in his pocket.

It resulted in an even bigger scandal that implicated the Vatican and tangentially involved Pope John Paul I. In June of 1982, Banco Ambrosiano finally collapsed with over $1.4 billion in debt, and Calvi had no way to pay it back. The next day, Calvi was discovered hanging from scaffolding with pieces of bricks and an assortment of national currencies in his pocket.

The authorities said he died by suicide, but many believed Calvi had been murdered. Calvi was notorious for his shady dealings, but one of the biggest was the deal he had struck with the Vatican Bank president, Paul Marcinkus. Marcinkus was on Banco Ambrosiano's Board of Overseas Operations.

The authorities said he died by suicide, but many believed Calvi had been murdered. Calvi was notorious for his shady dealings, but one of the biggest was the deal he had struck with the Vatican Bank president, Paul Marcinkus. Marcinkus was on Banco Ambrosiano's Board of Overseas Operations.

The authorities said he died by suicide, but many believed Calvi had been murdered. Calvi was notorious for his shady dealings, but one of the biggest was the deal he had struck with the Vatican Bank president, Paul Marcinkus. Marcinkus was on Banco Ambrosiano's Board of Overseas Operations.

His job description wasn't entirely clear, but through it, Marcinkus and Calvi became close personal friends. They supposedly even took a lavish vacation together to the Bahamas. Apparently, their partnership was the reason why the Vatican bought a small portion of Calvi's bank to begin with.

His job description wasn't entirely clear, but through it, Marcinkus and Calvi became close personal friends. They supposedly even took a lavish vacation together to the Bahamas. Apparently, their partnership was the reason why the Vatican bought a small portion of Calvi's bank to begin with.

His job description wasn't entirely clear, but through it, Marcinkus and Calvi became close personal friends. They supposedly even took a lavish vacation together to the Bahamas. Apparently, their partnership was the reason why the Vatican bought a small portion of Calvi's bank to begin with.

Only Calvi never told the Vatican Bank that he was taking their money to lend to holding companies in Latin America and the Caribbean. Supposedly, he felt this was the way to increase Banco Ambrosiano's stock price. But it failed. Because Calvi was so shady and guarded, it's hard to say exactly how his machinations worked.

Only Calvi never told the Vatican Bank that he was taking their money to lend to holding companies in Latin America and the Caribbean. Supposedly, he felt this was the way to increase Banco Ambrosiano's stock price. But it failed. Because Calvi was so shady and guarded, it's hard to say exactly how his machinations worked.

Only Calvi never told the Vatican Bank that he was taking their money to lend to holding companies in Latin America and the Caribbean. Supposedly, he felt this was the way to increase Banco Ambrosiano's stock price. But it failed. Because Calvi was so shady and guarded, it's hard to say exactly how his machinations worked.

We aren't even sure how much Vatican funds were tied up in this scheme, since Calvi made the money untraceable. However, Marcinkus denied he ever knew about the company's establishment. But this got people wondering, how deep did Calvi's scheming go? And who else got caught in the crosshairs? Among those questioning was author David Yallop.

We aren't even sure how much Vatican funds were tied up in this scheme, since Calvi made the money untraceable. However, Marcinkus denied he ever knew about the company's establishment. But this got people wondering, how deep did Calvi's scheming go? And who else got caught in the crosshairs? Among those questioning was author David Yallop.

We aren't even sure how much Vatican funds were tied up in this scheme, since Calvi made the money untraceable. However, Marcinkus denied he ever knew about the company's establishment. But this got people wondering, how deep did Calvi's scheming go? And who else got caught in the crosshairs? Among those questioning was author David Yallop.

Yallop was a true crime writer who seemed to have an obsession with the Vatican. In 1984, he alleged Pope John Paul I was killed in his book In God's Name, an investigation into the murder of Pope John Paul I. Naturally, it stirred up controversy, and the book ended up on the New York Times bestseller list for 15 straight weeks.

Yallop was a true crime writer who seemed to have an obsession with the Vatican. In 1984, he alleged Pope John Paul I was killed in his book In God's Name, an investigation into the murder of Pope John Paul I. Naturally, it stirred up controversy, and the book ended up on the New York Times bestseller list for 15 straight weeks.