Jérôme Kerviel His trial began on 8 June 2010. On 2010, he was found guilty and sentenced to five years of prison, with two years suspended, full restitution of the $6.7 billion which was lost, and a permanent ban from working in financial services. Caroline Guillaumin, a spokeswoman for Société Générale, stated that the restitution was "symbolic", and that the bank had no expectation that the sum would be paid. Olivier Metzner, Kerviel's lawyer, described the sentence as "extraordinary" and said that Kerviel would appeal. Kerviel's sentence was suspended until his appeal was completed. On 24 October 2012, a Paris appeals court
Jérôme Kerviel paid a €300,000 bonus on a declared profit (approximately 0.5%). Family members speaking out say the bank is using Kerviel as a scapegoat to excuse its recent heavy losses. Kerviel was reporting to Eric Cordelle and Philippe Baboulin. Baboulin is now COO of Kepler Capital Markets Geneva. Cordelle has since launched a single malt whisky craft distillery. In answer to the rumors that Kerviel had fled Paris following the discovery of the unauthorised trading, on 2008 Kerviel's lawyer denied that he attempted to disappear and said he remained in Paris to face the accusations. Also on 24 January 2008, Société