Petition Closed
Petitioning directeur des risques du groupe Société Générale Monsieur Benoit Ottenwaelter and 16 others

SOCIETE GENERALE: pay back the 970 small savers whose confidence has been betrayed in the little Madoff's affair.

Banks must obey the same rules that they impose on their own customers. The SOCIETE GENERALE bank lacked vigilance and did not follow its own internal procedures and legal obligations. Its repeated managing mistakes allowed, facilitated and encouraged the fraudulent activity of DO CONSEIL. Without SOCIETE GENERALE, this scam would have never taken place. *** Societe General failed because it accepted repeated unjustified large sums of money from F. Denizet, the CEO of DO CONSEIL. It did not report the fraudulent deposits to the appropriate authorities. 970 clients had entrusted their savings of several million euros to DO CONSEIL , all of which was lost without SOCIETE GENERALE or any other government institutions questioning in a timely manner the fraudulent activities

The lack of control, negligence and laxness of banks and several government agencies overseeing banks allow unscrupulous people and companies to deceive investors and steal their savings.  These government agencies are deficient in protecting investors from illegal transactions : household bank deposits are not safe ; they are not protected from hazards due to deceitful people and companies.

 

A result of this deficiency is the DO CONSEIL case . Its CEO, F. Denizet, was able to misappropriate several million euros (savings that belonged to 970 clients) , all of which was lost without SOCIETE GENERALE or any other government institutions questioning in a timely manner the fraudulent activities.

 

The government regulators overseeing banks failed by not verifying that SOCIETE GENERALE followed all the legal and good practice rules and regulations in place to protect clients and investors.

 

 Societe General failed not only because of its internal managing mistakes but also because it accepted repeated unjustified large sums of money from DO CONSEIL without reporting those suspicious activities to the appropriate authorities.

 

Letter to
directeur des risques du groupe Société Générale Monsieur Benoit Ottenwaelter
Directeur commercial et marketing de la banque de détail Société Générale en France Monsieur Albert Boclé
Secrétaire général adjoint de l'ACP Monsieur Fabrice Pesin
and 14 others
Secrétaire général adjoint de l'ACP Monsieur Edouard fernandez-Bollo
Directeur du TRACFIN Monsieur Jean Baptiste Carpentier
Directeur délégué de la Banque de détail à l'international de la Société générale Monsieur Bernard David
directeur régional des agences de la Société Générale Monsieur Bernard Deloule
chargée de mission auprés du directeur de TRACFIN Madame charlotte.hemmerdinger
chef du département des enquêtes du TRACFIN Monsieur Cyrille Cohen
Directeur de la communication du groupe SOCIETE GENERALE Madame Caroline Guillaumin
directrice déléguée des risques du groupe SOCIETE GENERALE MadameSylvie Remond
directrice de la coordination du contrôle interne du groupe SOCIETE GENERALE Madame Catherine Thery
Coordinatrice du pôle ACP-AMF Madame Nathalie Lemaire
directeur des contrôles de l'AMF Monsieur Nicolas Patel
service juridique SOCIETE GENERALE Monsieur dominique Bouchery
chairman of SOCIETE GENERALE Mister Frédéric Oudea
Directeur de la stratégie du groupe Société Générale Monsieur Philippe Heim
Banks must obey the same rules that they impose on their own customers. The SOCIETE GENERALE bank lacked vigilance and did not follow its own internal procedures and legal obligations. Its repeated managing mistakes allowed, facilitated and encouraged the fraudulent activity of DO CONSEIL. Without SOCIETE GENERALE, this scam would have never taken place. SOCIETE GENERALE should seriously offer a prompt monetary compensation to the victims before all faith is lost in the banking system.