Louis Vuitton NV Agrees to Pay €500,000 to Settle Money Laundering Case (Netherlands)

The Dutch branch of Louis Vuitton agreed to pay €500,000 ($595,000) to settle an out-of-court money laundering investigation, the Netherlands National Public Prosecution Service announced Feb 12, 2026. Prosecutors allege the company failed under the Money Laundering and Terrorist Financing (Prevention) Act to properly verify customers who repeatedly spent large sums, including cash used to buy luxury goods. The alleged activity by a 36-year-old woman from August 2021 to February 2023 totaled over €2 million, with goods reportedly diverted to China for resale to disguise proceeds. The settlement is part of a broader probe into the woman and two other suspects, including a former sales assistant who allegedly provided insights on stock and spending limits. The agreement was reached to free courtroom space at the Rotterdam District Court.