Overview

• French authorities say the ex-finance chief remains jailed as they probe alleged large‑scale embezzlement from the fashion retailer.
• Investigators trace transfers first to an account at lksbank DüDüsseldorf Neuss and then to a Turkish account before the funds disappeared in summer 2024.
• French financial investigators arrested the suspect after she landed by private jet in Corsica and seized jewelry and luxury goods worth more than €500,000.
• Kiabi has launched civil actions in the United States, where filings identified a penthouse, a villa, an apartment, and art purchases valued in the multi‑million‑euro range.
• The Düsseldorf prosecutor is investigating fraud, forgery, and breach of trust, and media report the involved German bank filed a complaint over exposure exceeding €100 million.