'Prominent' Berlin art dealer arrested on suspicion of fraud

Police has raided seven premises in connection with the investigation

Share
An unnamed Berlin dealer has been arrested by German police © Photo: Markus Spiske

An unnamed Berlin dealer has been arrested by German police © Photo: Markus Spiske

A Berlin art dealer has been arrested on suspicion of cheating customers out of millions of euros, according to the city police. A statement said that police raided five addresses in Berlin and two in Brandenburg last week in connection with their investigation.

A 67-year-old man was arrested at his home address in Charlottenburg “on suspicion that he defrauded several people in connection with the sale of high-value artworks and caused damages worth several million euros,” the statement says. According to the German press agency DPA, the man was not immediately imprisoned but must register regularly with the police.

The German radio station Deutschlandfunk said the dealer in question is “prominent” with international subsidiaries and has exhibited paintings by artists such as Gerhard Richter and Georg Baselitz. The regional broadcaster RBB said the dealer was suspected of accepting money for art that he then failed to deliver. A spokesman for the Berlin police declined to give any details beyond the press statement.

Share

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. Read our Cookie Policy for more information.

Customise