🚨 34,000 French savers trapped by a Luxembourg insurer!
The FWU Life affair continues to be talked about:
👉 €2 billion in assets under management
👉 Up to 60% losses on contracts
The red flags were nevertheless obvious:
🚨 Unrealistic promised returns (18%!)
🚨 No transparency on assets since 2014
🚨 Already sanctioned by the French ACPR
Savers are now waiting for a possible liquidation in January 2025.
⚠️ Beware of false promises! You can avoid bad French products without throwing yourself at bad Luxembourg products!
