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French police hold Russian billionaire in vice probe

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French police hold Russian billionaire in vice probe

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The billionaire head of a nickel mining company is reportedly among dozens of Russian businessmen arrested by French police investigating a prostitution ring. Mikhail Prokhorov and 25 others were detained in a raid in the Courcheval skiiing resort.

He is the chief executive of Norilsk Nickel, the world’s leading nickel mining company. Prokhorov is being held in Lyon but French authorities have released few other details about the investigation.