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Dirty money builds villas in Thailand
Twenty-seven people go on trial today in western France accused of running a prostitution ring whose profits were laundered via a luxury property development in Thailand.
Published on September 3, 2007
French police arrested some 40 people in 2004 after discovering a double book-keeping system in 11 hostess bars in the western cities of Rennes and Nantes accused of operating as brothels.
Part of the bars' turnover was embezzled and used to finance an eight-villa development in Thailand.
Two of the suspected ringleaders are standing trial on charges of condoning prostitution and embezzling company funds, while a third is on the run from police.
The remaining defendants - bar managers and account holders - are accused of prostitution and embezzlement.
The trial is set to last two weeks.
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