Keyword: artscam

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Keyword: artscam

John McEnroe duped in art scam (to the tune of $2 million, just one of many taken in $88M art scam)

03/26/2009 2:58:15 PM PDT · by NormsRevenge · 8 replies · 542+ views
Reuters on Yahoo ^ | 3/26/09 | Christine Kearney

NEW YORK (Reuters) – Former tennis champion John McEnroe was duped along with investment firms, art owners and collectors and the Bank of America in a sophisticated $88 million art investment scam revealed in New York on Thursday. Art dealer Lawrence Salander, 59, was arrested at his New York home on Thursday, when he and his gallery were charged with 100 counts, including grand larceny and securities fraud, Manhattan District Attorney Robert Morgenthau told a news conference. Officials said there are 26 victims of Salander's scheme including McEnroe, who invested $2 million for a half share of two paintings, Arshile...

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