He had arrived at Roanne like the messiah, promising for Sfammassive recruitment to reach a workforce of 1,200 people and a new 18,000 m building2 on land in Roannais Agglomération (the sales agreement had become obsolete with no action taken by the company, Editor’s note).
Entangled in numerous legal-financial matters, after two investigations by the fraud prevention services, (a first fine of 10 million euros for misleading commercial practices had already been imposed in 2019), riddled with debts, particularly with the Urssaf who demanded more than 11 million euros in unpaid debts, Sadri Fegaier saw the liquidation of Sfam in Roanne, and many other companies, pronounced last May.
Sadri Fegaier, CEO of the Indexia group (formerly Sfam) sentenced to two years in prison including 16 months and a fine of 300,000 euros
He was expected at the bar of the Paris criminal court last September, again for deceptive marketing practices regarding requests for termination and reimbursements of insurance contracts for telephones and computers. Unduly deducted, customers were never able to obtain a cessation of direct debits and termination of contracts.
This Tuesday, December 17, Sadri Fegaier was sentenced to 16 months in prisonat 300,000 euros as well as a prohibition to manage a company for 5 years.
The Paris criminal court also sentenced six companies in the group to fines ranging from 150,000 euros to 1.5 million euros.
