According to records, the co-owners are accused of using Zo Frost and Co. as a front to launder and export gold for a group that targeted and stole from people.
Five more suspects have been arrested in connection to the Oct. 19 jewel heist at the Louvre museum in Paris, according to Paris Prosecutor Laure Beccuau.
The Paris public prosecutor said investigators are making "major progress" in solving the brazen Oct. 19 Louvre heist and that two suspects in custody will be charged with "organized robbery."
As a deadline fast approaches to either charge to release two suspects, a French lawmaker ripped security at the Louvre.
Paris Prosecutor Laure Beccuau said the information made public about the arrests in the Louvre case should not have been disclosed.
French authorities have arrested two men in relation to last week's major jewel heist at Paris' Louvre Museum.