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Police operation in France (symbol image)
Photo: SAMEER AL-DOUMY / AFP
The head of a French insurance company has been arrested on suspicion of raping minors and human trafficking.
An investigation has been opened against Jacques Bouthier, the judiciary announced.
Five other suspects from the environment of the 75-year-old are also being investigated.
Insurance company Vilavi says Bouthier has resigned.
A 22-year-old got the case rolling when she reported to the police in March, the AFP and RTL news agencies report.
The woman said she was "held captive" for five years by a very wealthy man who raped her.
The man then called her "too old" and forced her to find a younger girl to take her place.
A 14-year-old then took her place.
The 22-year-old filmed the two in bed and handed the video over to the police.
Bouthier is said to have tried to kidnap the young woman with his wife and four other people to secure the compromising video, reports RTL.
Head of Insurance since 1975
AFP and the newspaper "Le Parisien" report that Bouthier has not yet commented on the allegations when asked.
According to media reports, Bouthier is a millionaire.
He founded the insurance company in 1975 and has managed it ever since.
It was initially called Assu2000 and was renamed Vilavi last January.
According to the company, the turnover is 163 million euros, the company has around 1800 employees and almost 550,000 customers.
ptz/AFP