Published
Reading time: 1min – Video: 3min
:quality(50)/2025/03/31/apollonia-67eae2a7daaa6823823197.png)
3 minutes
The trial of the company Apollonia and the alleged perpetrators of a scam at more than a billion euros opened on Monday March 31 in Marseille on Monday. Hundreds of customers, who had in debt to invest with the company, have lost everything.
Jean Badache, ex-leader of the company Apollonia, is accused of having set up a real estate scam at one billion. He has been comparing since the morning on Monday March 31 in Marseille (Bouches-du-Rhône), with his wife, his son, former salespeople and three notaries. The case ruined more than 700 families.
In the front row civil partiesPascale Hoffmann came with a portrait of her deceased husband. Doctor like her, he wanted to invest in real estate to assure them an annuity. The couple found themselves in debt of 3 million euros. “”For two years, he fell lower and lower at the moral level, and he died. I do not know if they will have humanity to regret what they have done, “ says the wife.
The scam started in the early 2000s in Aix-en-Provence in the early 2000s (Bouches-du-Rhône). The Apollonia company then offers individuals to invest in apartments that will be rented. The salesperson makes fiscal advantages and significant rents are fed up, while requiring a very low contribution. The customer signed a proxy in the presence of a notary.
Apollonia would then have falsified income in order to obtain several real estate loans for each customer from different banks. With the money unlocked, she would have bought the lots of real estate programs at a high price, in order to inflate her commission by 15%. The banks then claimed significant reimbursements from the victims.
Badache spouses incur up to ten years’ imprisonment.
Find the entire report in the video above
