Franck Provost indicted for “aggravated tax fraud laundering”

Franck Provost hairdressing salons are number one in France in this area. Its CEO, famous hairdresser, was indicted for “abuse of corporate assets” and “organized gang money laundering of aggravated tax fraud”. The case began in 2015. During tax audits in salons, the tax authorities noted inconsistencies. The investigation was then transmitted to the police who discovered a stratagem hidden in the cash registers of hairdressing salons.

Every day, cash register software does the accounting. Then, the balance sheet of receipts is transmitted to taxes. It is normally impossible to change, but at Franck Provost, managers can activate a hidden function to make a false balance sheet and pay less taxes. It was a police officer from a brigade who brought to light the rigging. For months, the latter deciphered software with very sophisticated tools. Several million euros would have escaped the tax authorities thanks to the software used for 20 years in the salons of Franck Provost.