Former French intelligence chief gets 4-year jail term for using contacts for personal gain; appeals verdict.

A Paris court handed a four-year prison sentence, with two years suspended, to the former head of France’s domestic intelligence agency for exploiting security contacts for personal benefit, such as acquiring confidential data for luxury conglomerate LVMH. Bernard Squarcini, 69, also known as “le Squale” (the shark), plans to challenge the ruling, according to Marie-Alix Canu-Bernard, one of his legal representatives. During the trial, LVMH’s CEO Bernard Arnault, the wealthiest individual in France, provided testimony but faced no charges and disclaimed any involvement in a plot to safeguard the luxury brand.

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