Taxman chasing mysterious playboy for back taxes

John Babikian is seen in this undated file photo on the right. (QMI Agency File)

John Babikian is seen in this undated file photo on the right. (QMI Agency File)

Jean-Francois Cloutier, QMI Agency

, Last Updated: 1:17 PM ET

MONTREAL - Financial authorities in Canada and the U.S. are searching for John Babikian, a mysterious Montreal playboy who amassed a $100-million fortune in a few short years before moving to Monaco.

The 26-year-old entrepreneur left behind luxury items including a $2-million mansion north of Montreal, a 2008 Bugatti Veyron and 2010 Bentley Continental, QMI Agency has learned.

Revenue Quebec is now chasing the millionaire for back taxes.

Tax authorities allege $11.5 million in income was hidden from the government between 2008 and 2010. Babikian reported $47,677 in income in 2008, documents say.


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