Nicolas Sarkozy under investigation for 'exploiting' L'Oréal heiress

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If found guilty former French president could face jail and fine for 'taking advantage' of Liliane Bettencourt, France's richest woman.

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Ex-French president Nicolas Sarkozy has been placed under formal investigation for "abuse of weakness" in a 2007 party funding case involving elderly L'Oréal heiress Liliane Bettencourt, the public prosecutor said on Thursday, reports The Guardian.