French Language

Source: Flickr/RBerteig

French woman on trial for cosmetics 'magic cheese kit' scam

By Michelle Yeomans

Seventy four year old French woman, Gilberte van Erpe is on trial this week for allegedly conning thousands of Chilean investors with a 'magic cheese' kit that promised huge returns when sold on for use in cosmetics.

Jean-Paul Agon, L'Oréal CEO

L’Oréal chief to hand back stock-options

L’Oréal CEO Jean-Paul Agon has announced that he will hand back half the stock-options he received in 2010 and that the French firm will stop using them altogether.

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