US EditionLVMH 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.
25 Articles
25 Articles
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
France investigates transactions between Bernard Arnault, Europe's richest man, and a Russian tycoon
The Paris prosecutor's office confirmed on Friday it was investigating financial transactions involving billionaire Bernard Arnault, the owner of the LVMH group and Europe's richest man, and Russian businessman Nikolai Sarkisov.
World’s richest man Bernard Arnault investigated for ‘money laundering’ over ski resort deal with Russian oligarch
THE world’s richest man Bernard Arnault is being investigated for alleged money laundering with Russian oligarch Nikolai Sarkisov. Cops are probing their activities at a luxury ski resort in the French Alps, described as a playground for the ultra-rich. Cops are investigating Arnault, (pictured) and Sarkisov for alleged financial crimes at a luxury ski resort Cops are probing their activities at the resort in the French Alps, described as a play…
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