institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published Marseille, FranceUpdated

Billion-Euro Real Estate Fraud: The Crisis of Uncontrollable Debt

The Apollonia case in Marseille reveals a massive real estate fraud of nearly one billion euros, impacting hundreds of victims who sought affordable investments. At the center are the Badache family, accused of deceiving clients, particularly medical professionals, with promises of lucrative rental income. Many victims faced financial ruin, with some suffering tragic consequences. The […]

12 Articles

Center

This is the biggest real estate fraud case in France for decades. The Apollonia case opened on Monday in Marseille. A trial that was out of order: 15 years of investigation, more than 700 victims, 110 lawyers and a total damage estimated at nearly one billion euros. Apollonia encouraged its clients to invest in real estate under construction. In reality, the files presented to banks are falsified by Apollonia. Without knowing it, the customers f…

Read Full Article
Lean Left

The Aixese company as well as notaries and lawyers appear in particular for "organized gang scams".

·Strasbourg, France
Read Full Article

In the millions-causa around controversial real estate deals of the Austrian Integration Fund, the economic and corruption prosecutor's office tried to score points on Tuesday – and was partly more on the word than the interviewed witnesses.

Read Full Article

On the second day of the Apollonia trial, a vast real estate scam, Jean Badache the founder of the company denounced the greed of investors and his salesmen. At the helm of the judicial court of Marseille, he expressed no regret.

Read Full Article

Appolonia has been tried since Monday for organizing a real estate scam of about one billion euros, affecting more than 700 victims.

Read Full Article

Real estate fraud of nearly one billion euros, the Apollonia case has been tried since Monday 31 March 2025 in Marseilles for more than two months, with hundreds of fuzzy victims hoping to build up...

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

France Info broke the news in Strasbourg, France on Monday, March 31, 2025.
Sources are mostly out of France (1)
Our use of cookies
Unlike other news sites, we do not share or sell your data to third-parties for targeted ads.
By continuing to use our application or website, you agree to our Terms of Service and Privacy Policy.