Alexandre Stavisky

French financier and embezzler whose actions created a political scandal that became known as the Stavisky Affair
The basics

Quick Facts

IntroFrench financier and embezzler whose actions created a political scandal that became known as the Stavisky Affair
PlacesFrance
wasFinancial professional Financier
Work fieldFinance
Gender
Male
Birth20 November 1886, Ukraine
Death8 January 1934Chamonix-Mont-Blanc (aged 47 years)
The details

Biography

Serge Alexandre Stavisky (November 20, 1886, Ukraine – January 8, 1934, Chamonix) was a French financier and embezzler whose actions created a political scandal that became known as the Stavisky Affair.

Early life

Alexandre Stavisky was a Polish Jew born in modern-day Ukraine whose parents had moved to France.

Career

Stavisky tried various professions, working as a café singer, as a nightclub manager, as a worker in a soup factory, and as the operator of a gambling den. He received French citizenship in 1910. In the 1930s he managed municipal pawnshops in Bayonne but also moved in financial circles. He sold lots of worthless bonds and financed his "hockshop" on the surety of what he called the emeralds of the late Empress of Germany — which later turned out to be glass. In 1927, Stavisky was put on trial for fraud for the first time, charged with a 6 million pound fraud. However, the trial was postponed again and again, and he was granted bail 19 times.

Faced with exposure in December 1933, Stavisky fled. On 8 January 1934, the police found him in a Chamonix chalet dying from two gunshot wounds to the head. Surgeons struggled to save him but he died early in the hours of January 9. Officially, Stavisky committed suicide, but historians generally agree he was murdered to keep him silent.

In the aftermath there were many riots on the streets of Paris, resulting in 250 arrests on January 10 as news of government involvement in the financial scandal broke. The French premier Camille Chautemps was forced to resign owing to the number of ministers wrapped up in the affair, and rumours that he had ordered Stavisky's assassination. An official public enquiry was ordered into the affair. Shortly before it began a senior judge, Albert Prince, who was due to be a witness, was found murdered on a railway line near Dijon, having been tricked to go there from Paris by means of a bogus telegram claiming his mother was very ill.

Death and legacy

Stavisky died on January 8, 1934, Chamonix. He was buried in Père Lachaise Cemetery.

In Forces occultes, a film commissioned in 1942 by the "Propaganda Abteilung", a delegation of Nazi Germany's propaganda ministry within occupied France, Stavisky was presented as both a Freemason and a crook. In 1974, film director Alain Resnais told the story in the film Stavisky... that featured Jean-Paul Belmondo in the title role and Anny Dupérey as his wife Arlette.

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