The trial has begun in Paris of manuscript dealer Gérard Lhéritier, former owner of the company Aristophil, who was charged with fraud by French authorities in 2015.
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"Lhéritier is accused of inflating the value of his assets and using funds from new investors to pay promised returns to earlier investors. With the alleged financial prejudice estimated at €1.2bn, including all costs and interests, a conviction would make this case one of the biggest Ponzi schemes ever uncovered in France."
Aristophil's 18th-century acquisitions, since returned to public ownership, included the manuscript the Marquis de Sades 120 of Sodom and the "Address to the French People" signed by Louis XVI.
Were investors conned into buying rare manuscripts? - BBC News
Not sure what has happened to the Madame du Châtelet ms. which were also purchased by Aristophil?
Rodama: a blog of 18th-century & Revolutionary France: Found and lost? the manuscripts of Madame du Châtelet (rodama1789.blogspot.com)
Rodama: a blog of 18th-century & Revolutionary France: Found and lost? the manuscripts of Madame du Châtelet (rodama1789.blogspot.com)
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