But no sooner had the ink on that agreement dried than the French stock exchange was raiding its offices as part of a probe into the group's financial disclosures since January 2001.

ECONOMIST: European companies

In 2012, Sweden said it would hold a new inquiry into his death, after a probe by a Russo-Swedish working group in 1991 failed to draw any definite conclusions.

BBC: Australia gives Holocaust hero Wallenberg citizenship

He declined to comment on the scope of the investigation or whether New York Global Group was a target of the probe.

WSJ: FBI Search Offices of 'Reverse Merger' Player