However, he did not order the provisional execution of the prison sentence for Sadri Fegaier, as requested by the prosecution during the hearing. The firm part cannot be adjusted, and the remaining 8 months of prison are accompanied by probationary suspension for two years, during which Sadri Fegaier will have to reimburse the victims and the Public Treasury, said the president, who read for two hours the decision.
At the end of the deliberations, the 45-year-old businessman and his lawyers left the courtroom without commenting.
This extraordinary trial, one of the most important in the last ten years in consumer law, concerned hundreds of clients facing Sadri Fegaier, founder of Sfam, and the companies SARL SFK Group, SFAM Celside Insurance, Foriou, Cyrana , Hubside and Serena, suspected of having improperly made these consumers take out insurance contracts for their multimedia devices (computers, telephones). They were notably accused of having developed, between 2014 and 2022, a complex procedure aimed at discouraging them from their requests for termination or reimbursements.
The Indexia group is mainly known for having sold so-called affinity insurance in Fnac-Darty stores between 2017 and 2019, but also in its own Hubside.Store stores. At the time of their purchases, consumers were offered insurance for around fifteen euros per month.
Years later, hundreds of people have seen the deductions multiply, reaching up to tens of thousands of euros in total, without having signed an endorsement or claiming to have never even signed an insurance contract. . Due to a lack of response from the companies concerned, defrauded customers alerted the consumer association UFC-Que Choisir and sent reports to fraud repression, which opened an investigation in 2018. An investigation which resulted in a fine of 10 million euros the following year, and at the turn of the group which became Indexia. But the reports continued, pushing the DGCCRF to launch a new investigation.
The self-made billionaire (out of the ranking this year Challenges) has not yet finished with justice. Civil proceedings are underway and another trial is already scheduled with a hearing on January 2.
