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French police probe Sarkozy bank fraud

Zut alors!

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French police are on the hunt for fraudsters who siphoned off money from the personal bank account of French president Nicolas Sarkozy.

The French head of state has filed a criminal complaint about unauthorised withdrawls from his account. News of the theft, which reportedly took place last month and involved modest amounts of money, broke on Sunday via reports in French paper Le Journal du Dimanche.

Sources told French news agency AFP that the fraudsters who compromised the account most probably did not realise it belonged to the French head of state. Given his high international profile that comes as a bit of a surprise, and points to the idea that a cybercrime ring outside of France was pulling the strings. Any local money mules involved must have been particularly dumb not to realise that they were doing something likely to bring down a great deal of police attention.

Details as to how Sarkozy's account was compromised are scant. Some international reports speculate that crooks obtained the login credentials for Sarkozy's bank account, but this is not reflected by local reports and looks like guesswork.

Government spokesman Luc Chatel confirmed that an investigation has been launched, adding comments suggesting the possibility that Sarkozy's bank might face punishment for not preventing the breach. ®

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Latest Comments

Bet it's just...

<rant>...some domestic stuff his wife bought using his EC card w/o asking him first. From what the smallsheets have been printing, Mme Sarkozy is a bit of a maverick... so why make what the USAians call a "federal case" out of it? If it's small amounts, hey, it might even withdrawals by his cellphone provider?

I mean, OK, he's the headless-of-state of the bloody Fifth Republic. That doesn't mean that he has a better grasp on his on money than the rest of us. Probably far less so; at least we, the reigned, know that most of our money goes "poof" into taxes and fees.

</rant>

Mine's the one with the insolvency form print on the back.

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Punishment ?

But of course ! That is the main tool or my illustrious President, and just about the only thing he does well. You can be sure that somebody is going to get fired over this, even if Sarkozy has to buy the bank via state funds to get it done.

Whether or not this incident is going to translate to better handling of accounts by the banks for the rest of us plebs is not something I'll hold my breath for, though.

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@ Disappointed

Me too!

Has he spoken to his wife/life partner/significant other?

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