France’s ex-budget minister found guilty of tax fraud, money laundering

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May 16 2018

Former French Budget Minister Jérôme Cahuzac on Tuesday was found guilty on charges of tax fraud and money laundering.

A Paris Court of Appeals sentenced Cahuzac, who served under former President François Hollande, to four years in prison, two of which are suspended, and slapped him with a €300,000 fine.