France seizes €4.5 million – Crime | BelarusVC
Belarus Virtual Consult

Bridging the World to Belarus

Your trusted gateway to opportunities.

France seizes €4.5 million

Three executives taken into custody

France seizes €4.5 million

In France, a castle and other assets totaling 4.5 million euros were seized from a company group previously entrusted with renovating Orange's facilities in the Île-de-France region. The perpetrators, through a contractor authorized for repairs, stole 189 tons of copper cables. Three main suspects—two company managers and its financier—have been taken into custody. According to investigators, the operation had the characteristics of organized crime and involved the use of banking and industrial channels.

Context

Orange is one of the largest telecommunications companies in France.

Summary:

Copper cable theft ring in France dismantled: assets worth 4.5 million euros seized, three leaders placed in custody.