Giorgio Tupini accused of stealing $4.1 million from siblings’ inheritance

A new lawsuit accuses a New York banker — who is the heir to a wealthy Italian family — of stealing $4.1 million from his sister and brother’s estate.

Giorgio Tupini, 36, who works in finance in New York, was temporarily entrusted with $7.6 million. His father Sergio Tupini, 71, had him share with his two siblings Priscilla, 34, and Federico, 20, according to last week’s Manhattan Supreme Court lawsuit.

Sergio, a lawyer from Rome, Italy, had received the money from his late mother, Maria Teresa de Martino, the daughter of a wealthy tobacco industrialist who, according to the lawsuit, was worth at least $23 million when she died in May 2021 at the age of 90. . and Sergio’s lawyer.

But Giorgio, who reportedly had the money transferred from an account in Switzerland to a bank account in New York Chase that he managed in July and August 2020, then disappeared, filing claims.

“Giorgio, Priscilla, Federico and Sergio agreed to use the Chase Bank account as a temporary repository for the children’s inheritance because the account was available to receive the money at the time,” the lawsuit says. “And because it was (incorrectly) believed that Giorgio, a financial services professional, was the person best qualified to manage the account and later make the necessary transfers of funds to his family members.”

Giorgio Tupini, 36, who works in finance in New York, was temporarily entrusted with $7.6 million that his father Sergio Tupini, 71, left him to share with his two siblings, according to the lawsuit.

Giorgio reportedly only transferred $1 million to his siblings on February 1, 2022 — despite Federico and Priscilla jointly owed just over $5 million, the petitioners claim.

Sergio has since tried “many times” to call and email his son, but Giorgio has not responded and has not sent more of the remaining $4.1 million to his siblings, court documents claim.

Giorgio has apparently since moved out of his Greenpoint, Brooklyn apartment and no one in the family knows where he currently lives, the suit claims.

Priscilla Tupini and her younger brother, Federico, are evicted from their inheritance.
Priscilla Tupini and her younger brother, Federico, are being taken out of their inheritance, their lawsuit alleges.

A New York judge on Tuesday granted Sergio’s request to freeze Chase’s bank account, although the family does not know how much of their money is on it, according to Sergio’s lawyer Jay Freiberg.

“They wanted the money in the name 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 will ensure.'”

“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.”

Sergio Tupini, a lawyer from Rome, Italy, had received the money from his late mother, Maria Teresa de Martino.
Sergio Tupini, a lawyer from Rome, Italy, had received the money from his late mother, Maria Teresa de Martino.

“I think it’s driven by greed and maybe a dispute with his father,” Freiberg said of Giorgio’s actions. “He’s obviously stealing from his family and it’s pretty serious.”

“It is unfortunate what Giorgio is doing to his siblings and we look forward to the court continuing to right that wrong,” Freiberg said.

No working phone number was found for Giorgio. The Post also tried to reach him for comment via email and on Instagram.

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