News
‘Portuguese Saatchi’ in hot water over alleged €1bn debt
Three Portuguese banks have filed a lawsuit to recover funds from Joe Berardo, whose vast collection on show in Lisbon is one of the most visited in Portugal
NewsArt crime
London dealers embroiled in Ezra Chowaiki fraud scheme over $1.2m Chagall painting
Fresh complaint seeks the return of the work allegedly sold by the disgraced Manhattan dealer under false pretences
NewsArt market
Jean-Claude Juncker dismisses claims that freeports are ‘systematically used to commit fraud’
European Commission president rebuffs German MEP Wolf Klinz's demand for a proper investigation into the management of Le Freeport Luxembourg
NewsArt market
Russian billionaire Dmitri Rybolovlev charged in corruption probe brought by Monaco police
The formal investigation follows his detainment earlier this week related to an ongoing spat with the art dealer Yves Bouvier
NewsArt market
Guy Wildenstein cleared of tax evasion for a second time in Paris
Franco-American scion of art dealing dynasty was accused of hiding art and other property worth hundreds of millions of euros from French authorities
NewsLaw
New York art dealer pleads guilty to multimillion-dollar fraud
The court has ordered that Ezra Chowaiki forfeit over $16.6m as well as works by Picasso, Calder, Chagall and Degas
NewsArt crime
Picasso painting offered in money-laundering scheme, US feds say
London art dealer Matthew Green embroiled in case that involves attempted sale of a painting to an undercover agent to 'clean up' £6.7m, court documents state
NewsArt law
Dealer of works stolen by Jasper Johns's assistant can be charged with racketeering, court rules
The decision adds another wrinkle to the unsettled case law surrounding liability in art fraud
NewsFraud
Galleries hit by cyber crime wave
Hackers are using an email scam to intercept payments between galleries, collectors and others