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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Chinese National Spent $3.5M in Cash at Louis Vuitton — Now a Money Laundering Probe Is Underway

Prominent luxury fashion brand Louis Vuitton is at the centre of a new controversy as its stores in the Netherlands have been named in a criminal probe into money laundering.

Dutch authorities revealed this after a Chinese woman was found to have attempted to launder over $3.5 million (€3 million) in cash from an underground shop and use the money to shop at a high-end store, further straining Louis Vuitton's reputation in the luxury space.

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