New Charges Against Art Dealer Guy Wildenstein

  • October 13, 2011 13:36

  • Email
Guy Wildenstein
Wildenstein website

The French government is now investigating Guy Wildenstein, the New York and Paris-based scion of the family of art dealers, over allegations that he hid billions of euros around the globe.

For years, Wildenstein's stepmother, Sylvia Roth, who died in 2010, accused Wildenstein of concealing a large portion of his father's estate in offshore trusts from Ireland to the Cayman Islands. Last week, investigators began to look into charges of breach of trust and money laundering.

One source estimates that Wildenstein's fortune may be worth about €4 billion ($5.5 billion).

Roth's suit is continuing against Wildenstein through her lawyer and is now joined by the government's case,

In a separate case, Wildenstein was charged earlier this year with possession of stolen goods and breach of trust. During an investigation into Roth's claims, police found artworks by the likes of Berthe Morisot, Edgar Degas, and Rembrandt Bugatti that had been missing from collectors' estates in the vault of the Wildenstein Institute in Paris.

Several lawsuits are pending against Wildenstein. One dispute involves "The Lute Player," a £69 million painting by Caravaggio, held in the Metropolitan Museum of Art in New York with the title “from a private collection,” according to the Telegraph.

Read more at Le Point


  • Email

More News Feed Headlines

Jean-Gabriel Domergue, Au bar des Ambassadeurs.

25th Annual LA Art Show Celebrates the Meteoric Rise of the Los Angeles Art Scene

  • ArtfixDaily / January 23rd, 2020

The LA Art Show, the most comprehensive international contemporary art show in America, will officially kick-off the ...

Read More...
From The Winter Show exhibitor Gerald Peters Gallery: Sam Gilliam (American, b.  1933) Ray VI , 1970.  Acrylic on canvas , 51 1/4 x 108 1/4 inches.  Signed and titled on verso.

5 Things to To Do During NYC's Americana Week

  • ArtfixDaily / January 21st, 2020

New York's signature Americana Week continues through February 2, with a number of fairs, auctions, gallery and ...

Read More...
Folk Art Cupboard.  American South, attributed to North Carolina or South Carolina, 1850 – 1875.  Southern yellow pine throughout.  H.  72 ½ in., W.  38 in.  , D.  19 ¾ in.

From the Colonial to the Contemporary: The Philadelphia Show Expands and Rebrands

  • ArtfixDaily / January 20th, 2020

Celebrating its 58th edition showcasing America’s preeminent antiques and fine art dealers, The Philadelphia Show has ...

Read More...
Larry Walker, Tweet, Tweet...Look Who’s Here...or Aliens, Wall Spirits and Other Manifestations , 2017.  Acrylic and various materials on panels (diptych), 62 x 98 in.  Courtesy of the artist and Mason Fine Art Gallery.

Six Artists to See in State of the Art 2020 at Crystal Bridges and The Momentary

  • ArtfixDaily / January 16th, 2020

State of the Art 2020 debuts next month as part of opening the new contemporary art space, the ...

Read More...

ARTFIXdaily Artwire