Domenico Trimboli, 39, a Buenos Aires, Argentina, native, was arrested in Medellin, Colombia, after spending years on the Italian Interior Ministry's list of most-wanted and dangerous 'Ndrangheta fugitives, ANSA reported.
Once extradited, he faces 12 years in prison for alleged drug crimes committed in Italy and abroad, Italian authorities said.
A recent report from the Eurispes research agency said the annual drug profits for the organized crime group represents 3 percent of Italy's GDP. The combined profits from 'Ndrangheta and fellow mafia groups, Cosa Nostra and Camorra, represent 10 percent of the country's GDP.
2014: The Year in Music [PHOTOS]