(Bloomberg) -- Herve Falciani, a former bank employee who took client data from HSBC Holdings Plc’s Geneva unit, was found guilty of corporate espionage and given a five-year prison sentence by a Swiss court in absentia, making it unlikely he’ll ever spend time inside a prison in the country.
The Frenchman stayed out of Switzerland during the trial to avoid the risk of arrest, preferring to stay in France, a country which doesn’t extradite its own citizens. The decision was read out Friday at the Federal Criminal Court in Bellinzona by Judge David Glassey, who criticized the lengths that Falciani went to in his attempts to profit from the data he took.
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