Lycamobile facing €10 million fine for VAT fraud and money laundering in Paris
The representative of the (French) national financial prosecutor's office (PNF) has demanded a fine of 5 million euros against each of the "Siamese" companies Lycamobile France and Lycamobile Services, including a "display of the conviction on the door of each reseller" of the brand. The lawyers of the companies and their managers have denied any offense.