Sunday, February 09, 2025

Unveiling Tomorrow's Cameroon Through Today's News

Breaking

The manager of a taxi company in Élancourt, France, a 60-year-old of Cameroonian origin, was indicted on Thursday in Versailles (Yvelines) for fraud and money laundering.

The entrepreneur is suspected of billing fictitious trips for patient transport across the Paris region, defrauding the primary health insurance fund and several mutual insurance companies.

These fraudulent activities, committed between 2021 and 2024, are believed to have caused a loss that could reach €2.4 million.

The "father" from Cameroon allegedly invested this money in cryptocurrency, settled debts, and possibly also invested his gains in real estate in Africa.

"Before the investigating judge, he expressed regret and said he was willing to repay everything."

Following his capture, he has since been incarcerated at the Bois-d'Arcy detention center in Yvelines.