A significant financial scam has emerged involving Pascal Nanot, a Parisian businessman turned financial guru, who is accused of defrauding nearly 500 victims across France.

The Paris prosecutor's office initiated an investigation in early April 2025, focusing on serious charges including fraud, forgery, and aggravated money laundering.

Central to the scam is a mysterious computer program that Nanot claimed could predict stock prices, which ultimately led to losses amounting to tens of millions of euros.

At 65 years old, Nanot was once admired for his charisma and business skills before relocating to a small village in Brittany in the early 2000s.

The investigation has attracted considerable media scrutiny, with outlets such as Ouest-France and Libération uncovering various documents and testimonies related to the case.

Many witnesses have expressed feelings of shame and humiliation due to their involvement in the scam, with several opting to remain anonymous to protect their identities.