Wildenstein accused of fraud

July 11 2011

Image of Wildenstein accused of fraud

Picture: AFP/Getty

A French magistrate has formally accused art dealer Guy Wildenstein of fraud, after up to 30 unaccounted for paintings were found in his possession. From The Independent:

 

The case is part of a cat's cradle of interconnected lawsuits, on both sides of the Atlantic, which threatens one of the wealthiest and most powerful art-dealing families in the world. Mr Wildenstein is the son of Daniel Wildenstein, who made his reputation and fortune, from cataloguing and selling the works of French impressionists, including Claude Monet and Édouard Manet.

The missing works were first discovered during a police raid in Paris at the end of last year. The investigators were looking for priceless artworks belonging to Daniel Wildenstein, which his second wife, Sylvia, believed to have been hidden away by her two stepsons after his death in 2001.

Instead, officers from the French agency which tracks stolen art – L'Office Central de lutte contre le trafic des Biens Culturels – found 30 works from other large French family collections which had been missing for decades.

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