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Government

Bulgaria cracks down on corruption, targeting luxury car, real estate owners

January 30, 2018

The EU is cracking down on corruption after wealthy elites, such as Kering's Bernard Arnault, were implicated in tax evasion. Image credit: Boucheron

 

By Danny Parisi

As it hosts the rotating presidency of the European Union, Bulgaria, a country notorious for corruption and tax evasion, is beginning to crack down on ill-gotten wealth by investigating the owners of prestigious luxury goods.

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  1. Chandon launches ready-to-serve spritz collection
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  4. Gigi Hadid fronts new leather goods campaign from Miu Miu
  5. Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders
  6. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  7. Gucci studies connection in spring/summer 2025 campaign
  8. Lancôme seeds longevity-focused skincare with 20th Century Studios
  9. De Beers supports Desert Diamonds with bridal addition
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