Prison. Virtual until then, the threat took shape for Sadri Fegaier, Wednesday October 2, with the requisitions of the prosecutor Anne Proust on the last day of the trial for deceptive commercial practices against the founder of the insurance broker SFAM-Indexia and six companies of his band.
At the heart of the case, the sales and claims management methods of SFAM, a specialist in the marketing of insurance contracts for mobile phones, tablets or computers, suspected of having put in place procedures allowing them to be recorded without processing them. actually requests for termination and reimbursement of undue deductions linked to these contracts.
“In reality, Sadri Fegaier built his fortune on a fraudulent “business model”, and this is the result of a choice on his part”declared the prosecutor, before recalling that by agreeing in 2019 to pay a fine of 10 million euros as part of a transaction with the general directorate for competition, consumption and fraud repression ( DGCCRF), the manager had “admitted the facts”.
Read also | Article reserved for our subscribers Start of the trial of the SFAM-Indexia group and its founder, accused of insurance scams and abusive deductions
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Requisitions applauded
She therefore requested a sentence of two years’ imprisonment against him, including six months with a probationary suspension with the obligation to compensate the victims and pay sums due to the Public Treasury, but also a fine of 300,000 euros. , the maximum provided for by the Consumer Code, the seizure of one’s real estate assets and the ban for five years on any canvassing and management activity. His submissions were applauded by several dozen civil parties who attended the hearing.
Against six companies in the group created since 1999 by Mr. Fegaier (SFAM, Foriou, Cyrana, Serena, Hubside and SFK Group), five of which have already been placed in compulsory liquidation, the prosecutor requested fines ranging from 50,000 to 1.5 million euros.
In total, the file concerns 8 million insurance contracts which were subject to withdrawals, and in 2021, the DGCCRF estimated the sums collected by the SFAM group at more than 23 million euros thanks to the practices implemented. cause.
Appearing evasive and withdrawn during the interrogations of the previous days, Mr. Fegaier burst into tears during his last speech in court. “We managed to crack Fegaier. You took everything from me, you can take everything from me, I don’t care”, he said before adding that “it was not the plan to cause victims” and to say to yourself ” Sorry ” for them.
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