Cavaliere di Gran Croce Ordine al Merito della Repubblica Italiana in 1999. Both honours, however, were withdrawn on grounds of 'indignity' in the wake of the Parmalat affair — yet before the final bankruptcy conviction — by President Giorgio Napolitano. Personal life and death Tanzi died of pneumonia in a Parma hospital on 1 January 2022, at the age of 83. References 1938 births 2022 deaths Deaths from pneumonia in Emilia-Romagna Confidence tricksters Italian businesspeople Italian fraudsters Italian prisoners and detainees People convicted of fraud Prisoners and detainees of Italy People from the Province of Parma