Swiss Court Dismisses Hermès Heir's Claims

Nicolas Puech, an heir to the Hermès luxury fortune, claims his $13 billion in shares has vanished, accusing his former wealth manager Eric Freymond of involvement. Puech, who had planned to leave half his fortune to his gardener, discovered the missing shares when he no longer received bank statements. A Swiss court dismissed the allegations due to a lack of evidence, stating the alleged fraud was undetectable. The shares were last known to be deposited in a Geneva bank in 2012, but their current location remains unknown. Despite the court's ruling, Puech’s lawyers are reviewing the case details for further action.