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Russian billionaire arrested in St Tropez in tax fraud investigation

News Team, 03/11/2023

Sanctioned Russian billionaire Alexei Kuzmichev has been arrested in Saint-Tropez in relation to an investigation into alleged money laundering, tax evasion and violations of EU sanctions.

The France anti-corruption office investigation also included raids on Mr Kuzmichev's properties in Paris and Saint-Tropez.

French paper Le Monde reported that the Saint-Tropez raid was carried out by more than 60 police officer...


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