NY art dealer charged in $4M fraud (AP)
AP - A New York art dealer has been charged in a $4 million fraud for selling works by Picasso, Matisse and others without informing the owner or giving him the proceeds. View full post on Yahoo! News: Arts
RI art dealer gets 16 years in invention scam (AP)
AP - A former Rhode Island art dealer convicted of defrauding a wide range of investors — from a wealthy collector of Japanese swords to a school janitor — was sentenced to 16 years in prison Thursday for his elaborate multimillion-dollar scheme.
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“Silvio & Ruby” on auction at Milan art dealer (Reuters)
Reuters - A smiling close-up of Silvio Berlusconi and Moroccan teenager Karima El Mahroug together would have been a priceless picture for photographers attending the Italian prime minister's trial on underage prostitution charges.
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Former RI art dealer convicted in $6M con case (AP)
AP - A former Rhode Island art dealer was convicted Wednesday of defrauding a wide variety of investors — from a wealthy Japanese sword collector to a school janitor — in an elaborate multimillion-dollar con. View full post on Yahoo! News: Arts
Prosecutors call RI art dealer a ruthless con man (AP)
AP - A federal prosecutor said during his closing argument Monday that a former Rhode Island art dealer charged in a $6 million fraud case is a ruthless con man, but a defense attorney countered that his client is the victim of his accountant, a greedy business partner and investors who want their money back. View full post on Yahoo! News: Arts
RI art dealer accused of $6M con testifies (AP)
AP - As prosecutors rested their case, a former art dealer accused of duping investors out of $6 million took the witness stand in his trial Thursday, redirecting blame to the accountant he says handled his business dealings.
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Trial begins for RI art dealer accused of $6M con (AP)
AP - A former art dealer earlier convicted of tax fraud duped investors out of $6 million and used the money to buy cars, antique Japanese swords and valuable works of art, a prosecutor said as the man's trial began in federal court Wednesday.
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Did Art Dealer Guy Wildenstein Gather a Multimillion-Dollar Cache of Stolen Art? (ARTINFO)
ARTINFO - Guy Wildenstein, the Old Master and Impressionist art dealer whose New York gallery had a decades-long partnership with the Pace Gallery that was dissolved last April, is already embroiled in one lawsuit regarding his late father's estate. Now he's been accused yet again of using executorship to take artworks that don't belong to him. French police seized 30 paintings from the Wildenstein Institute last month — including an Impressionist work valued at over one million dollars — which may have been stolen from the estates of two different collectors. View full post on Yahoo! News: Arts
Art Dealer Gregor Muir Named Director of London’s Troubled ICA (ARTINFO)
ARTINFO - Now London has a new art-dealer-turned-museum-director, too. The city's Institute of Contemporary Arts has appointed Gregor Muir, director of Hauser & Wirth's London gallery, as its new head — meaning that, in addition to navigating the gap between the commercial and curatorial spheres, Muir will inherit an institution in crisis, which was almost forced to close last year due to financial troubles. The former executive director, Ekow Eshun, a broadcaster and journalist who had held the post since 2005, resigned in August, as did the chair of the board. Muir's appointment was announced today, and he will take the reins of the ICA on February 7. View full post on Yahoo! News: Arts
Art Dealer Yvon Lambert Threatens to Take Back Historic Multimillion Dollar Collection From Ungrateful Avignon (ARTINFO)
ARTINFO - For the last ten years the city of Avignon's 18th-century mansion Hôtel de Caumont has displayed Yvon Lambert's personal art holdings of 350 works by artists the noted dealer has represented as a trial run for what the French culture ministry says would be "the most important donation in
France since Picasso's collection in 1974." Now, dismayed by the city's poor management of the art — which includes pieces by Sol LeWitt, Douglas Gordon, Andres Serrano, Cy Twombly, Anselm Kiefer, and Nan Goldin — Lambert has threatened to take it back.
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