Folli Follie

Former Folli Follie strongmen made millions out of fake data

Troubled jewelry maker Folli Follie's new board has sued founder and former chairman Dimitris Koutsolioutsos and his son and ex-chief executive Tzortzis Koutsolioutsos for reaping capital gains of 11.4 million euros between them in 2017 from the sale of the firm's shares using the fake financial data of 2016.