Jet Billionaire Settles Bel Air Mansion Dispute With U.S.
- Thomas Flohr paid $16 million to resolve forfeiture case
- He acquired home from Nigerian businessman accused of bribery
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A Swiss aviation billionaire paid the U.S. government $16 million to resolve a dispute over a Los Angeles mansion he acquired from a Nigerian businessman accused of corruption.
The property’s current owner, a company belonging to Thomas Flohr, transferred the cash sum on April 22, according to an order issued by a federal judge in Houston on Monday closing the case. Flohr is the founder and chairman of private-jet provider VistaJet Group Holding Ltd.