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    Former IMF head Dominique Strauss-Kahn returns to his hotel after attending the trial in the so-called Carlton Affair, in Lille, February 17, 2015

    French Couple Files Lawsuit Against Former IMF Head on Suspicion of Fraud

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    French couple sued former IMF head on financial fraud and misuse of corporate assets.

    MOSCOW (Sputnik) — A French couple brought a complaint against former International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn in reference to alleged financial fraud, local media reported. 

    Former FMI head Dominique Strauss-Kahn enters his car as he leaves his apartment in Paris, France, June 12, 2015.
    © REUTERS / Gonzalo Fuentes
    Former FMI head Dominique Strauss-Kahn enters his car as he leaves his apartment in Paris, France, June 12, 2015.

    In July, 2015, French prosecutors launched a probe into the activities of Leyne, Strauss-Kahn & Partners (LSK) financial services firm, which had been formerly headed by Strauss-Kahn. The firm was suspected of fraud and misuse of corporate assets, before declaring bankruptcy in 2014. Strauss-Kahn has repeatedly denied the allegations against his person, saying that the control of the firm has been delegated to his partner, Thierry Leyne.

    According to the newspaper, the Urbach family accused the management of the LSK, including Strauss-Kahn, of fraudulent maneuvers, saying that he could not have been unaware of his partners' activities.The French Les Echos newspaper reported on Wednesday that the complaint of the Urbach family, which had invested in the LSK all their savings and lost them after firm's bankruptcy, was prepared in November, but was complemented with new details in February.

    Strauss-Kahn headed the IMF for four years from 2007, until he left the post in 2011 amid allegations that he sexually assaulted a hotel maid in New York City, which had not been proved out.

    On Wednesday, Strauss-Kahn was named as a member of Ukrainian Credit Dnepr Bank's supervisory board.

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    Tags:
    International Monetary Fund, lawsuits, fraud, Dominique Strauss-Kahn, Europe, France
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