Araverus
NewsMarketsResearch
News
HeadlinesThreadsAtlas
© 2026 Araverus
AboutContactPrivacyTerms

Araverus does not provide financial, investment, or trading advice. All content is for informational purposes only. Full disclaimer

  1. News
  2. /
  3. World
  4. /
  5. Europe
Top Headline

Louvre Suffers $10.8 Million Loss from Decade-Long Ticket Fraud; Nine Arrested

Araverus Team|Tuesday, February 17, 2026 at 2:24 PM

Araverus Team

Feb 17, 2026 · 2:24 PM

Louvre · Scam · Ticket Fraud · Tour Guides

LouvreScamTicket FraudTour Guides

The Louvre Museum in Paris has been the victim of a large-scale ticket fraud scheme, estimated to have cost the institution 10 million Euros (approximately $10.8 million USD or Rs 107 crore) over the past decade.

The scam involved tour guides, initially identified as Chinese, repeatedly reusing tickets and bribing Louvre employees to bypass official checks. Investigators, alerted by suspicious activity, confirmed the fraud through surveillance and wiretaps, revealing a network that also aimed to avoid mandatory 'speaking fees' for guides.

Nine individuals have been arrested, including two Louvre employees, several tour guides, and a suspected mastermind. Authorities have seized over $1.3 million in cash and an additional $500,000 from bank accounts, with some funds reportedly invested in real estate in France and Dubai.

The suspects face serious charges including organized gang fraud, corruption, and money laundering, highlighting the museum's ongoing challenges with ticket fraud.

Read More On

Tour Guides Accused of Scamming the Louvre Out of $12 Millionwsj.comHow Louvre Museum In Paris Lost Over Rs 100 Crore In Ticket Scam - NDTVndtv.com

Related Articles

World★★Similarity: 59% · Feb 20

Epstein Document Release Triggers French Financial Crime Probes, Raising European Compliance Concerns

The arrest of the former Prince Andrew follows other investigations opened in Europe based on the Justice Department’s documents.

Markets★★★Similarity: 58% · Feb 23

Investor alert: Binance fires staff, allegedly hid $1 billion Iran sanctions breaches.

Weeks after Trump pardoned Binance’s founder, the company dismantled a probe and suspended the investigators. Binance denied that the inquiry ended or that staff were fired for the concerns.

Markets★★Similarity: 56% · Feb 11

BlackRock's HPS Loses $400 Million to Fraudulent Invoices, Warning Private Credit Investors

The wipeout of a loan by BlackRock’s HPS to a telecom entrepreneur points to risks for even the most sophisticated investors in the booming private-credit business.

Tech★★Similarity: 55% · Feb 20

Google Confronts Insider Threat as Three Engineers Face Charges for Stealing Trade Secrets

Google, Apple and xAI are among companies that have sought to defend their sensitive information as employees are accused of stealing it.