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Tax fraud probe opened against French billionaire Dassault: source

Serge Dassault is France's fourth wealthiest person, with a net worth estimated at 13.6 billion euros ($15.3 billion) last year by Forbes magazine

French billionaire industrialist Serge Dassault is to face trial on suspicion of stashing several million euros in Luxembourg and Liechstenstein, a source close to the investigation said Monday.

The case against the 90-year-old CEO of the Dassault Group, which holds a majority stake in Dassault Aviation, has been committed directly to trial without a preliminary inquiry, the source told AFP, adding that it will open on July 4.