Fraud

A decade-long fraud racket of fake tickets was exposed to have cost the Louvre museum more than €10 million in lost revenue. The widespread scandal has led to the arrest of 9 people, including museum officials and tour guides. One of the…

The former payroll manager at the Art Institute of Chicago has been sentenced to jail for stealing millions from the museum. Michael Maurello was the longtime payroll manager at the Art Institute of Chicago between 2007 and 2020. Over…

Since the initial lawsuit, further investigation found out dealer Lisa Schiff has other claims worth millions pending against her. In May, collector Candace Carmel Barasch filed two separate lawsuits against Schiff, a prominent art…

Daniel Bouaziz, art dealer from Palm Beach (Florida), has been handed a 27-month prison sentence, along with three years of subsequent probation, for his involvement in a money laundering scheme centered around the sale of counterfeit…

Inigo Philbrick, the art dealer who allegedly defrauded his clients of millions of dollars, was sentenced to 7 years in prison by a New York court. The allegations against Inigo Philbrick first surfaced in 2019, when trusted sources at…

Infamous art scammer Anna Delvey, the subject of a recent Netflix show, will be making her art debut with a solo show in April. Anna Delvey (real name Anna Sorokin) had swindled high-profile names in the New York art world of more than…

Paloma Botín, daughter of Spanish Santander chairman, and her husband are embroiled in charges of fraudulent purchase of a 6th century BC artefact. The artefact in question is an Iberian lioness sculpture that dates back to the 6th…

Here are some more debates and controversies that spanned in the art world this year. Also Read: The Biggest Topics That Rocked The Art World In 2021 – Part One Scammers of Art World Got Their Due Art scams have become a trope in their…

Sotheby’s has filed a lawsuit claiming that the Diego Giacometti works sold to them by Bettina von Marnitz Thut and her husband were of dubious provenance. The lawsuit, filed on August 3 at Southern District Court in New York, names…

Prominent German socialite Angela Gulbenkian was convicted of fraud and theft regarding a Kusama sculpture, last week in a London court. According to a report by Publico, Gulbenkian was charged with stealing around $1.4 million from art…