Europe’s richest man investigated over ‘Russian ties’ ...News

Bernard Arnault’s lawyer argued that the CEO of LVMH is too respectable to engage in petty money laundering French luxury goods magnate Bernard Arnault is being probed over a suspicious financial transaction involving a Russian businessman Nikolai Sarkisov, according to the Paris public prosecutor's office. The case was brought to light by the French newspaper Len Monde, which reported earlier last week, citing a December 2022 document from France’s Tracfin financial intelligence unit, that Sarkisov acquired real estate at the Alpine ski resort of Courchevel in 2018 via a complex transition in which Arnault allege

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