French billionaire Bernard Arnault and Russian oligarch Nikolai Sarkisov are under investigation for alleged money laundering at a luxury Alpine resort, according to Paris prosecutors.The probe concerns their activities in Courchevel, a ski resort in the French Alps known for being a playground for the ultra-rich, they said late Thursday.The French economy ministry's financial intelligence unit is leading the investigation, but has yet to determine whether any had been committed, a source close to the investigation told AFP. It is understood they deny any wrongdoing.
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