In the early 1930s, Serge Alexandre Stavisky used the Credit Municipal de Bayonne in a major fraudulent bond operation. The scandal reached politicians, lawyers, police, courts, and the streets of Paris. Stavisky was found dying at a chalet in Chamonix in January 1934; the official account treated the death as suicide, while suspicion of murder became part of the political mythology. This episode follows the fraud, the investigation, the disputed death of magistrate Albert Prince, the February 1934 riots, and the distinction between documented corruption, legal convictions, political responsibility, and unproven theories.

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