Nearly four months after the trial, which took place from 12 June to 5 July, the Paris Criminal Court ruled that Lycamobile France and Lycamobile Services had “knowingly participated in a complex and elaborate system. of money laundering” between 2014 and 2016, involving 17 million euros. Prepaid card and refill companies were also found guilty of “deceiving” the tax authorities by “circumventing” a legal regime concerning Value Added Tax (VAT). According to the court, this allowed Lycamobile to claim “undue” refunds from the tax authorities (840,000 euros were paid, out

The former British boss of the group, Christopher Tooley, was sentenced for complicity in VAT fraud by an organized gang and complicity in attempted fraud, to three years in prison, including 18 months in prison. And the managing director of the two companies, Alain Jochimek, was sentenced in both parts of the case, therefore also for aggravated money laundering, to 3 years in prison, including 18 months on an electronic bracelet, with a fine of