Overview

• Michel Ohayon has been formally indicted on charges of bankruptcy, misuse of corporate assets, and organized fraud by the Juridiction nationale de lutte contre la criminalité organisée (Junalco).
• He is under judicial supervision, barred from managing or directing companies, and required to pay a €500,000 bond.
• Investigators allege the misappropriation of over €50 million from companies under Ohayon's control, including Go Sport, Gap France, and Camaïeu.
• Evidence reportedly shows significant cash withdrawals from these companies without economic or legal justification, concealed through accounting manipulations and fictitious transactions.
• The collapse of Ohayon's business empire, including the insolvency of his holding company FIB, has drawn lawsuits from over 300 former employees of Camaïeu.