Subscribe
HipHopWired Featured Video
CLOSE

Vincent and Robert Tchenguiz Under Fraud Investigation

 

Two of the UK’s wealthiest and most powerful, Vincent and Robert Tchenguiz are suspects in one of the UK’s biggest fraud investigations.

The billionaire brothers, who are notorious for their extravagant house parties, are under suspicion for their role in the collapse of the Icelandic Bank Kaupthing after the two pulled out their money, while others suffer the loss of millions of dollars due to the banks failure.

The Tchenguiz’s have built a $6 billion dollar investment portfolio, throwing lavish parties in St. Tropez and throughout Europe on a $14 million dollar yacht.

“[Victor] was charming,” one guest told the U.K.’s Daily Mail. “That night I also remember Vincent dancing to the song “Candy Shop,” by the rapper 50 Cent. That was his favorite song.”

The woman continued, “The following day, while we were having lunch in St Tropez, Tommy Hilfiger, the designer, came up to Vincent and commented on the fact that he was always surrounded by beautiful girls. Vincent replied, ‘My millions would be worth nothing if I stayed on my boat on my own.’ That response typified his attitude, really.”

Even through the thorough investigation Vincent Tchenguiz recently hosted a party in Cannes, but oddly enough wasn’t present himself. He currently remains in jail until the investigation is closed.

MORE  HIP-HOP WIRED NEWS AND VIDEO

Toccora Sips On Hennessy & Talks Looking For Love & New Reality Dating Show With Donald Trump [Video]

Travis Barker Speaks On Working With Rick Ross & Lil Wayne For His “Give The Drummer Some” Solo Debut [Video]

Mack 10 & Glasses Malone Shoot New Video “Dear D.E.A”, Talks New Album & Relationship With Cash Money Records

Ice Cube Rips Concert In Atlanta [Video]

Chilli V.S. Miss Jackson [Did Floyd Mayweather Make The Right Decision?]

RHOA Kim Zolciak Buying New $3.2 Million Mansion With Boyfriend [Photos]