Marc Dreier’s Art Scam

Impersonation houdini and one-time legal honcho Marc Dreier, who is accused of stealing more than $380 million, has Park Avenue office walls dripping with modern art. According to a court declaration filed by the SEC from Dreier LLP’s firm controller John Provenzano, between $30–$40 million dollars has been used from Dreier accounts to pay for works of art since August 2005. Read the deposition here. More details about his art purchases from Larry Gagosian and Jeffrey Deitch here.

Posted by artlovesmoney on December 12, 2008

https://artlovesmoney.wordpress.com/2008/12/12/marc-dreiers-art-scam/