Aristophil : Gérard Lhéritier reconnaît sa culpabilité et obtient une peine réduite
Gérard Lhéritier, founder of the art investment firm Aristophil, has pleaded guilty in a French court under a procedure known as comparution sur reconnaissance préalable de culpabilité (CRPC), effectively a plea bargain. On April 14, he admitted responsibility for fraud and deceptive commercial practices after more than a decade of denial. This late admission, made just before his expected incarceration, reduces his sentence from the five years of imprisonment handed down in December 2025 to two years under electronic monitoring. The case stems from Aristophil’s collapse, which involved selling shares in manuscripts and historical documents as attractive investments, leaving thousands of investors heavily impacted.
