Asset manager in L'Oreal heiress dispute charged - WAOW - Newsline 9, Wausau News, Weather, Sports

Asset manager in L'Oreal heiress dispute charged


PARIS (AP) -- Preliminary charges have been filed against a former asset manager for L'Oreal heiress Liliane Bettencourt in a probe into whether he helped swindle France's richest woman.

The Bordeaux prosecutor's office says Patrice de Maistre was handed initial "exploitation" and "complicity in breach of trust and fraud" charges Thursday. Maistre was allowed to go home after posting an undisclosed bail.

The charges stem from allegations by Bettencourt's daughter that Maistre and others may have taken advantage of the largess of the mentally frail 89-year-old heiress. Secret recordings leaked to the media shored up those allegations.

A day earlier, a photographer and his partner were handed similar charges.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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