Vilavi, an insurance brokerage company (ex-Assu2000) has been in turmoil since May 21st when its CEO Jacques Bouthier was indicted and sentenced to prison. The investigation into "trafficking with human beings" as well as "rape of a child" led to the appointment of a new president.
The company released a press release stating that Jacques Bouthier, who was previously the deputy chief executive officer of the group, resigned from his position as chairman and chief operating officer (CEO), at a general meeting.
The company adds that Jacques Bouthier's "effective resignation" "puts an end his activities and responsibilities in the Vilavi group, as well as in all brands and companies gathered within it",
After a preliminary investigation that began in March, the 75-year old entrepreneur was indicted along with five others for "counts human trafficking against minors" and attempted rape of minors over 15, recourse to prostitution and sexual assault on minors under 15.
On Tuesday, the Vilavi group indicated that a listening unit and psychological support unit was set up in France and Morocco to "collect the floor and support staff".
Founded by Jacques Bouthier in 1975, Assu 2000, Vilavi's insurance and credit brokerage, claims to have 1,800 employees and a turnover of 163 million euros. over 550,000 customers.
The group consists of 11 brands that specialize in insurance, credit brokerage, and wealth management.
Challenges ranked Jacques Bouthier 487th on its 2020 ranking of France's main fortunes. Its heritage is estimated at 160 millions euros. In 2021, it was removed from the rankings.