Toulouse: they had placed their savings with CN2i, an investment company, robbed customers testify
Elderly people, active with modest incomes, CN2i approached all profiles in order to grow its portfolio. Most of the time, these investors had deposited a good part of their savings there in the hope of improving their retirement or financing their children’s studies. They lost everything.
Celine
a 59 year old. She is a painter in Ile de France. Its cash flow is, to say the least, random. At her divorce in 2014, after the liquidation of a property, she received around 180,000 euros.
In 2017, to finance her youngest daughter’s studies in design school and ensure a better retirement, she wanted to invest her money in something with a guaranteed return.
“I have a real ecological sensitivity, I wanted to invest in renewable energies with the least possible risk. I looked on the Internet and came across the CN2i site, contacted a salesperson who introduced me to their financial products. I subscribed to a solar kit for the sum of 12,000 euros. The first two years, I touched the yields well but that stopped overnight. Luckily I hadn’t put all my eggs in one basket…”
In the absence of liquidity, Céline receives a torrent of advertisements from the holding company headed by Michael Fraysse: “I was offered to invest in hotels abroad, even in nurseries or even nursing homes…” In January 2021, she received an email signed by Michael Fraysse. “He warns me that if I file a complaint and it falls into the hands of justice, it will be the surest way to lose everything. He encourages me to invest in new products to save his box and that, in the end, I get my money back, ”says the artist.
Legacy gone up in smoke
It does not suit the recommendations of the businessman. “I decided to file a complaint but the police officer who collected her told me that there was little chance with this kind of scam that I would recover my initial bet. I didn’t want to go longer. I couldn’t afford a lawyer. “He warns me that if I file a complaint, it’s the surest way to lose everything”
Frederique
, a retired musician, with two big teenagers in preparation, did not want to let go of the matter: “With a hundred other investors, we approached a Parisian lawyer who is trying to get our money back. He lodged a complaint for all of us before the Paris financial prosecutor’s office. Frédéric had allocated half of his savings to CN2i in 2019. “As a good father, I thought that investing in solar farms was solid. I invested in it a total of 20,000 euros. I hope to recover all or part of this sum, but Fraysse has embarked on risky investments in the hotel industry and in the houses of and that worries me a lot. »
CN2i had also set its sights on more fragile people like this 77-year-old lady defended by Me Ibrahima Bangoura, a lawyer from Toulouse. In 2011, she was convinced by a Parisian heritage consulting firm, since banned from practicing by the Financial Markets Authority, to trust CN2i. “I had placed 120,000 euros generated by my mother. So far, Mr. Fraysse has only reimbursed me 20,000.”
She hopes that the legal proceedings will succeed and that she will be able to recover the sum invested. The first names have been changed