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“Before Epstein, there was Stavisky. The names change. The playbook doesn’t.”

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The Stavisky Affair: When a Predatory Con Man Toppled the French Government Nearly a Century Before Epstein

The Jeffrey Epstein scandal, with its toxic mix of high finance, political power, and the systematic exploitation of the young, feels uniquely modern. We watch the slow, often obstructed release of the “Epstein files” and wonder how such a vast network of corruption and criminality could operate in plain sight for so long . The questions are haunting: How did a man with no legitimate business amass such wealth? How did he cultivate friendships with presidents, princes, and billionaires? And why, after his first brush with the law, did he receive a “sweetheart deal” that let him continue his crimes for another decade ?

As we follow this saga, we are left with a sense of dรฉjร  vu. It turns out, history did not begin with Jeffrey Epstein. Nearly a century ago, another scandal of remarkably similar proportions consumed a nation, exposing the fragility of its institutions and ultimately bringing down a government. This was the Stavisky Affair, and its parallels to the Epstein case are so profound that it offers a chilling lesson in how little the dynamics of power, corruption, and cover-up have changed .

The Con Man and the Elite

The central figure, Alexandre Stavisky, was a charming and ruthless con man who embedded himself into the highest echelons of 1930s French society. Much like Epstein, he cultivated relationships with lawmakers, cabinet ministers, judges, and entertainers, living a lavish lifestyle funded not by legitimate business, but by elaborate fraud. He convinced the elite to invest in schemes backed by nothing more than his imagination and audacity. In one famous instance, he sold shares in a municipal pawn shop, claiming they were backed by a German empressโ€™s emeralds. The jewels were cheap glass .

The similarities to Epstein are uncanny. Epstein, too, was a financier of mysterious origins whose “clients” and “friends” read like a who’s who of the global elite . In both cases, the criminal used proximity to power as his ultimate shield.

The Sweetheart Deal and the Suspicious Death

When Staviskyโ€™s latest scheme collapsed, exposing the French government to massive losses, the parallels to Epstein become even more striking. Stavisky fled, and when police cornered him in a chalet in Chamonix, he was found dead from a gunshot wound. The official verdict was suicide .

The public, however, did not believe it. Sound familiar? Immediately, speculation swirled that the government had murdered Stavisky to prevent him from testifying about the powerful figures complicit in his crimes. His wife publicly doubted the suicide, and a police inspector testified that Stavisky had been shot in the right temple, though the gun was found in his left hand . This is the same skepticism that greeted Epsteinโ€™s death in a Manhattan jail cell in 2019, where malfunctioning cameras and sleeping guards fueled theories of a cover-up to protect his powerful associates .

The Cover-Up and the Fallout

Just as we have seen with the Epstein case, the Stavisky Affair did not end with the death of the central figure. In fact, that is where the true political crisis began. It was discovered that the entire dossier on Staviskyโ€”over 1,200 documentsโ€”had vanished from the Ministry of Justice . This was the 1930s equivalent of the missing Epstein evidence, the “lost” documents, and the redacted files that the public is still fighting to see today .

This blatant act of suppression ignited a firestorm. Daily protests erupted in the streets of Paris. The press and the public demanded the resignation of the Minister of Justice. The Stavisky Affair quickly grew from a financial scandal into a full-blown crisis of confidence in the French republic, revealing a corrupt elite that believed the normal rules did not apply to them . The scandal so weakened the government that it led to the fall of the administration and culminated in the violent 1934 Paris riots, a moment that pushed France to the brink of civil war.

A Century Later, the Same Questions

When we look at the Stavisky Affair, we see the same elements that define the Epstein scandal today:

ยท A Criminal in Plain Sight: Both men operated openly, their crimes an open secret among the powerful people they cultivated.
ยท The Power of Blackmail: In both cases, there is a strong suspicion that their influence was built not just on friendship, but on the potential for blackmail, creating a web of mutual assured destruction that protected them .
ยท Institutional Failure: In Florida, a grand jury failed to indict Epstein on serious charges despite overwhelming evidence, leading to a non-prosecution agreement that has since been labeled a “sweetheart deal” . In France, the justice system delayed Stavisky’s trial 19 times over six years, allowing him to continue his fraud .
ยท The Lingering Death: Both men died in custody under circumstances that guaranteed they could never be questioned again. The suspicious nature of these deaths became a symbol of the public’s deep distrust in the government’s version of events .
ยท Systemic Cover-Up: From the “missing” Stavisky dossier to the delayed release of the Epstein files and claims of destroyed evidence, the pattern of concealment by those in power is identical .

As we watch the legal battles over the release of the Epstein files and hear about “25 other co-conspirators” whose names remain hidden, we should remember the Stavisky Affair . It is a powerful reminder that the struggle for transparency against a powerful, connected elite is not new. It is a recurring crisis of democracy itself.

The Stavisky Affair teaches us that when the guardians of our institutions are themselves implicated in the crimes, public trust doesn’t just erodeโ€”it collapses. The fact that we are asking the same questions about power, justice, and accountability in 2026 that the French were asking in 1934 is perhaps the most disturbing parallel of all.

Bernd Pulch (M.A.) is a forensic expert, founder of Aristotle AI, entrepreneur, political commentator, satirist, and investigative journalist covering lawfare, media control, investment, real estate, and geopolitics. His work examines how legal systems are weaponized, how capital flows shape policy, how artificial intelligence concentrates power, and what democracy loses when courts and markets become battlefields. Active in the German and international media landscape, his analyses appear regularly on this platform.

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