Marc Dreier’s Art Scam
December 12, 2008
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.
December 18, 2008 at 11:58 pm
[...] copy of it here) by the Warhol Art Authentication Board; then he chooses the recently disgraced Dreier firm to represent him in his lawsuit charging the board with fraud, collusion, and manipulation. [...]
March 16, 2009 at 10:08 pm
[...] that some of his associates and big spenders are turning out to be crooks. He’s lost at least this prince as a buyer. According to an article in today’s Globe & Mail, which details the [...]