Headlines
France's former spy chief found guilty of using public resources to aid LVMH
Published by Global Banking & Finance Review®
Posted on March 7, 2025
2 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 7, 2025
2 min readLast updated: January 25, 2026
France's ex-spy chief Bernard Squarcini was convicted for using public resources to aid LVMH, involving illegal surveillance of activist Francois Ruffin.
By Juliette Jabkhiro
PARIS (Reuters) - A Paris court on Friday found the former head of France's domestic security services, Bernard Squarcini, guilty of using public resources to benefit LVMH, in a trial that shed light on efforts by the world's biggest luxury group to shield its image.
Squarcini, who headed France's domestic security services from 2008 to 2012, was later hired by LVMH as a security consultant.
Squarcini was also found to be complicit in the illegal surveillance of Francois Ruffin, a French lawmaker who at the time was an activist, along with members of his left-wing publication Fakir as they planned to disrupt an LVMH shareholder meeting and prepared their satirical documentary film "Merci Patron".
Squarcini was given a four-year prison sentence with two years suspended, and fined 200,000 euros ($217,300). His lawyers said he would appeal against the verdict.
LVMH boss Bernard Arnault in November told judges that he did not know about the illegal surveillance ordered nearly 10 years ago by a close associate who died in 2018.
Ruffin's lawyer, Benjamin Sarfati, welcomed Friday's verdict.
"We are satisfied with this decision that serves as a call to order, though we regret the absence of Mr Bernard Arnault among defendants," he said.
During the trial, Arnault's testimony grew tense at times, with the famously discreet billionaire showing his annoyance at questioning from Ruffin's lawyers.
LVMH, which reached an agreement in 2021 to pay a 10 million euro settlement to close a criminal probe into its role in the spying case, declined to comment.
($1 = 0.9204 euros)
(Reporting by Juliette Jabkhiro and Florence Loeve, writing by Mimosa Spencer; editing by Dominique Patton, Aidan Lewis)
The conviction of France's former spy chief Bernard Squarcini for using public resources to benefit LVMH.
Bernard Squarcini is the former head of France's domestic security services, convicted for aiding LVMH.
Squarcini received a four-year sentence with two years suspended and a 200,000 euro fine.
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