The criminal trial in France involving allegations by prosecutors that trusted advisers of the second wealthiest woman in the world exploited her mental state and schemed her out of over €1 billion, concluded Wednesday and a verdict is expected on Saturday. The prosecution accused a long list of individuals close to 92-year-old L’Oréal heiress Liliane Bettencourt, of taking advantage of her as she aged and began to develop dementia.
See Doreen Carvajal, In Case of L’Oréal Heiress, a Private World of Wealth Becomes Public, The New York Times, Feb. 25, 2015.
Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.
