The self-taught trader nicknamed by the press the “Madoff of Maine-et-Loire” was sentenced Thursday in Paris to two years in prison. Guillain Méjane, 41, was sentenced to five years' imprisonment, including three years suspended on probation for fraud, illegal provision of investment services and laundering tax fraud.

With a childhood friend and associate, between 2012 and 2014 they convinced investors from Anjou to invest nearly 16 million euros in a company called Now For Tomorrow.