Contents tagged with Kuzmichev

  • Russian billionaire Alexei Kuzmichev detained in France on money laundering and tax evasion charges

    On the morning of October 30, French police detained Alexei Kuzmichev, co-owner of the Russian investment conglomerate Alpha Group, on suspicion of money laundering, tax evasion, and violations of European sanctions, reports the newspaper Le Monde . Search warrant were executed at his residence in central Paris and his villa in Saint-Tropez. Unconfirmed reports suggest that bundles of money were found at the oligarch's villa. The total amount has not been disclosed. Le Monde does not elaborate …