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Misuse of corporate assets, money laundering and fraud: Franck Julien is sentenced to five years in prison, including three farms

08/03/2024
Source : ORISHAS-FINANCE
Categories: Compliance

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On Tuesday, March 5, the ex-boss of the business services giant Atalian was sentenced to five years in prison, including three sentences.

Franck Julien is accused of abuse of corporate assets, money laundering and fraud. He is also suspected of having embezzled more than 36 million euros between 2008 and 2019 from his company accounts. The prosecutor's office also requested amende one million euros against the former boss, whose “fusional” relationship with Atalian, “to the point of confusing its heritage” with that of the company. Sentences ranging from 18 months suspended to one year were also requested against a dozen other defendants, including former senior Atalian executives and managers of service companies, prosecuted in particular for complicity in the abuse of social assets, fraud and money laundering.

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