The seized assets included eight companies and 82 items of real estate and four vehicles owned by the companies, as well as various reports.
Among the impounded property were four tourist developments located in the province of Reggio Calabria, police said.
The suspects placed under special surveillance included alleged members of the Calabrian mafia or 'Ndrangheta's Morabito and Aquino clans as well as businessmen alleged to have links to the two clans, according to police.
Monday's operation followed an investigation by the Italian tax police's organised crime branch, coordinated by anti-mafia magistrates in Reggio Calabria.
Drug trafficking, extortion and money-laundering rackets have in recent decades made the Calabrian mafia or 'Ndrangheta Italy's wealthiest and most powerful international crime syndicate.
It operates throughout Italy and overseas and its influence and networks extend from northern Europe to Australia and North and South America.
Investigators have seized hundreds of millions of euros of suspected 'Ndrangheta assets in recent years in an ongoing crackdown.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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