This sum, which represents a third of all seizures of criminal assets in France in 2023, was taken at the time from the proceeds of the sale for one billion euros to the Kering group of two buildings on avenue Montaigne in Paris, one of the most expensive districts of the capital, according to sources close to the matter. When asked, Adrien Labi’s lawyers did not respond, and it was therefore impossible to know whether an appeal to the Court of Cassation was being considered.
Targeted by a search warrant, this wealthy owner of numerous buildings in the upscale neighborhoods of Paris was placed in police custody in March 2023 as part of an investigation opened in 2015 by the National Financial Prosecutor’s Office (PNF) for tax fraud . This investigation, entrusted to the Anti-Corruption Office (Oclciff), followed two complaints in 2014 and 2015 from the tax administration relating to a failure to pay income tax, the wealth solidarity tax ( ISF) then the real estate wealth tax (IFI) of Adrien Labi in his capacity as economic beneficiary of a major real estate group in France, the PNF then detailed.
Another PNF investigation
At the end of his police custody, a judicial investigation was opened and Adrien Labi was indicted for tax fraud and failure to make accounting entries in 2010 and 2011, as well as for tax fraud and money laundering of this offense between the years 2018 and 2022, the PNF specified. He had been placed under judicial supervision with the obligation to pay bail, the PNF had specified, which according to BFMTV amounted to 30 million euros.
At the same time, the PNF opened a preliminary investigation on February 24, 2023, for organized laundering of aggravated tax fraud, while Adrien Labi’s real estate group was suspected of not declaring capital gains made during tax sales. on companies.
France
