On 7 October 2016, following an investigation for accounting and fiscal fraud, the Court of the Italian Basketball Federation has revoked the championship titles awarded to Mens Sana Siena for the 2011-2012 and 2012-2013 seasons, two Italian Cups (2012 and 2013) and the 2013 Supercoppa. The revocation came after the prosecutor's office recommended such measures following the charging of club leaders with receiving stolen goods, criminal association for tax fraud and fraudulent bankruptcy. Former general manager, Ferdinando Minucci, vice president Paola Serpi and sports director Olga Finetti were all removed from their positions. Under the name Montepaschi Siena, derived from sponsor Banca Monte dei Paschi di Siena, the club was a dominant presence in LBA, winning 5 titles in a row from 2006-07 to 2010-11, besides the two more titles now revoked by the Italian Federation, whilst also challenging for titles in Europe. On 18 April 2017, CONI annulled the decision of the Italian Basketball Federation. After financial problems caused the club to go bankrupt in 2014, it moved down to the fourth division. It is now in Serie A2, the second division.