Published 10 months ago

LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions

French billionaire Bernard Arnault and Russian oligarch Nikolai Sarkisov are under investigation by Paris prosecutors for alleged money laundering at a luxury Alpine resort.
Arnault, the second-richest person in the world and CEO of LVMH, is suspected of providing a loan of €18.3 million to Sarkisov for a complex deal involving multiple countries.
The investigation has been ongoing since 2022 and is based on a report from the Tracfin financial intelligence unit, which suggests money laundering activities.

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The Guardian

Transactions involving Bernard Arnault investigated over suspected money laundering

Paris public prosecutor's office examining ski resort deal involving LVMH owner and Russian oligarch Nikolai SarkisovThe Paris public prosecutor’s office is investigating financial transactions involving the French billionaire Bernard Arnault and a Russian businessman.The prosecutors are investigating transactions involving Arnault, whose ownership of the luxury goods group LVMH has made him the world’s second richest person after Elon Musk, and…

10 months ago·London, United Kingdom

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The Independent

Billionaire Louis Vuitton owner and Russian oligarch in money-laundering probe

Paris prosecutors look into loan for luxury Alpine resort properties by company belonging to world’s second-richest man

10 months ago·London, United Kingdom

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Daily Express

Europe's richest man Bernard Arnault investigated for alleged money laundering

Prosecutors in Paris have launched an investigation into Europe's wealthiest man amid a money laundering probe involving a Russian oligarch.

10 months ago·United Kingdom

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Daily Mirror

World’s richest man probed for ‘money laundering’ over ski resort Russian oligarch deal

Billionaire Bernard Arnault, 74, who owns fashion empire LVMH, is being investigated over his alleged connection to Russian oligarch Nikolai Sarkisov over a luxury property deal

10 months ago·London, United Kingdom

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CNN

Transactions involving French billionaire Bernard Arnault investigated over suspected money laundering

French billionaire Bernard Arnault and Russian Oligarch Nikolai Sarkisov are under “preliminary investigation” for their alleged involvement in “transactions likely to constitute money-laundering offences,” the Paris Public Prosecutor’s Office told CNN.

10 months ago·Atlanta, United States

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KRDO

French prosecutor probes billionaire Bernard Arnault over dealings with Russian businessman

By Claudia Colliva and Chris Liakos, CNN Paris (CNN) — French billionaire and LVMH owner Bernand Arnault is being investigated over his financial dealings with a Russian businessman, the Paris prosecutor’s office told CNN Friday. According to the prosecutor’s office, a preliminary probe is underway following a report by TRACFIN, a French government anti money-laundering agency. — This is a developing story and will be updated. The-CNN-Wire™ & © …

10 months ago·Colorado Springs, United States

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LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions

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Transactions involving Bernard Arnault investigated over suspected money laundering

Transactions involving Bernard Arnault investigated over suspected money laundering

Billionaire Louis Vuitton owner and Russian oligarch in money-laundering probe

Billionaire Louis Vuitton owner and Russian oligarch in money-laundering probe

Europe's richest man Bernard Arnault investigated for alleged money laundering

Europe's richest man Bernard Arnault investigated for alleged money laundering

World’s richest man probed for ‘money laundering’ over ski resort Russian oligarch deal

World’s richest man probed for ‘money laundering’ over ski resort Russian oligarch deal

Transactions involving French billionaire Bernard Arnault investigated over suspected money laundering

Transactions involving French billionaire Bernard Arnault investigated over suspected money laundering

French prosecutor probes billionaire Bernard Arnault over dealings with Russian businessman

French prosecutor probes billionaire Bernard Arnault over dealings with Russian businessman

Coverage Details

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