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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. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Exclusive Resorts purchases Inspirato for $59M
  8. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
  9. Laura Burdese to succeed Bulgari CEO
  10. Dolce & Gabbana debuts Devotion fragrance film
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