Tanzi was eventually charged with financial fraud and money laundering. Among the questionable accounting practices used by Parmalat were selling itself credit-linked notes, in effect placing a bet on its own creditworthiness to conjure up an asset out of thin air. After his arrest, Tanzi reportedly admitted during questioning at Milan's San Vittore prison that he diverted funds from Parmalat into Parmatour and elsewhere. The family football and tourism enterprises were financial disasters as well, as Tanzi attempted to rival Berlusconi by buying Odeon TV, only to sell it at a loss of about €45 million. Tanzi was sentenced to 10 years in prison for fraud relating to the collapse of the dairy group. The other seven defendants, including executives and bankers, were acquitted. Another eight defendants settled out of court in September 2008. New leadership at Parmalat began investigating and suing Bank of America, Deloitte and Grant Thornton International - the bank and auditing firms that were alleged to have helped in perpetuing the fraud of earlier management at Parmalat.