The secrecy behind buyers in the Art market is not philanthropic, its money laundering. Its time the world be made aware of this giant scam. (zerohedge.com)
submitted 5.3 years ago by 3565299?
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21753205? 5.3 years ago
Confusing. How is it money laundering? The article says nothing about money laundering.
21753449? 5.3 years ago
I think the legal skirmish may pull back the curtain a bit on the anonymous buyers in art. Often these multimillion dollar buyers are anonymous and the auction houses keep everything secret, don't ask where the money comes from.
view the rest of the comments →
21753205? ago
Confusing. How is it money laundering? The article says nothing about money laundering.
21753449? ago
I think the legal skirmish may pull back the curtain a bit on the anonymous buyers in art. Often these multimillion dollar buyers are anonymous and the auction houses keep everything secret, don't ask where the money comes from.