Lycamobile has slammed money laundering and tax fraud allegations brought forward by BuzzFeed News, branding them ‘unfounded and factually flawed’.
Speaking to Mobile, the MVNO strongly denied the allegations, stating that it would now seek legal action. ‘ Lycamobile strongly denies all allegations of wrongdoing as reported by BuzzFeed media and subsequent news reports,’ the MVNO said, ‘Lycamobile contends that the articles are unfounded and factually flawed.
‘The articles are prejudicial, inflammatory and reckless. They deliberately misinform readers and lead them to conclude that allegations have been made directly against Lycamobile by French authorities when in fact no such allegations have been made.
‘The French authorities have not taken any action as alleged by BuzzFeed, against Lycamobile. Accordingly, Lycamobile is taking all appropriate legal action to ensure that its reputation is upheld, and to address the denigrating allegations propagated by BuzzFeed.’
The newswire recently reported that French police had arrested 19 people following a raid on Lycamobile’s offices. Nine of those arrested were charged including the MVNO’s general manager in France, Alain Jochimek. According to reports, €1m was seized from a number a address across the city resulting in all of Lycamobile’s bank accounts being frozen by French authorities.
This followed on from a previous BuzzFeed investigation into the MVNO last year, which alleged that the the UK virtual network deployed three people to drive around London inunmarked cars depositing moneyof up to £1m each week. At the time this claim was strongly denied by Lycamobile.