The rise and fall of the Madoff of manuscripts

Gérard Lhéritier orchestrated a €1 billion Ponzi scheme by selling shares in literary treasures, ultimately being exposed after suspicions grew among investors.

19 May, 04:00 — 19 May, 04:00

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FTVery High32d ago

The rise and fall of the Madoff of manuscripts

Gérard Lhéritier lured investors by selling shares in literary treasures. When suspicions grew, he was exposed as the architect of a €1bn Ponzi scheme

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The rise and fall of the Madoff of manuscripts

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The rise and fall of the Madoff of manuscripts

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