MaPrimeRénov' Fraud: 10 Convicted for €4.84 Million Diverted
A Nanterre tribunal has convicted ten men to prison sentences and fines for having diverted more than €4.84 million through fake energy renovation applications.
Convictions in vast fraud network involving MaPrimeRénov' subsidies
According to france24.com, the Nanterre criminal court issued its first convictions on Friday in a case of embezzlement of energy renovation subsidies. Ten men received sentences ranging from two years suspended to nine months in custody, fully commutable to electronic monitoring. Two other defendants were acquitted.
The network operated by falsifying MaPrimeRénov' applications in the names of private individuals who had never requested assistance. The fraudsters used forged quotes, invoices and payment orders to obtain subsidies from the National Housing Agency (Anah) and companies responsible for administrative processing. In total, €4.84 million was diverted.
The prosecution established that the group was divided into two complementary teams: one based in France, the other operating from Israel. The funds subsequently passed through several bank accounts and shell structures, sometimes without any real economic activity.
The case has a second element: financial investment fraud. Victims were persuaded to invest in investments presented as profitable through an investment company whose identity had been stolen. Part of the sums paid was redirected towards the structures of the fraudulent network.
Four other suspects, tried in October under a prior guilty plea proceeding (CRPC), received sentences of 12 to 22 months in custody and fines of €130,000 to €150,000. In March, seven men tried in Paris for having diverted €1.13 million between 2022 and 2023 were sentenced to suspended prison sentences or electronic monitoring, plus fines of €10,000 to €400,000.
Source: Google News FR — Crime (fr)