Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

'Macron-economy' pun already worn out

Read more

DEBATE

What Next for Gaza? Lasting Ceasefire Agreed After 50 Days of War (part 2)

Read more

DEBATE

What Next for Gaza? Lasting Ceasefire Agreed After 50 Days of War

Read more

FOCUS

Video: Milan is starting point for Syrian refugees’ European odyssey

Read more

MIDDLE EAST MATTERS

Terrorist ransoms: Should governments pay up for hostages?

Read more

ENCORE!

Kristen Stewart and Juliette Binoche star in 'Clouds of Sils Maria'

Read more

WEB NEWS

India: journalist launches "Rice Bucket Challenge"

Read more

WEB NEWS

Russian aid convoy: Mission accomplished?

Read more

WEB NEWS

Actor Orlando Jones lauches 'Bullet Bucket Challenge'

Read more

  • Mother of American journalist asks IS leader for his release

    Read more

  • UN probe accuses Syrian regime, Islamists of ‘crimes against humanity’

    Read more

  • French unemployment rises 0.8% in July to record high

    Read more

  • France’s Hollande puts young ex-banker in top economy post

    Read more

  • Video: Iraq’s Yazidis flee to spiritual capital of Lalish

    Read more

  • Video: Milan is starting point for Syrian refugees’ European odyssey

    Read more

  • Airstrikes and Assad - Obama’s military conundrum in Syria

    Read more

  • IMF’s Lagarde investigated in French corruption case

    Read more

  • American journalist held captive in Syria arrives in US

    Read more

  • In pictures: The ministers in France's new government

    Read more

  • 'Lasting' ceasefire agreed for Gaza, Abbas says

    Read more

  • Far-right ‘Russian Jihad’ fighters cross into Ukraine

    Read more

  • Rebels 'shoot down' UN helicopter in South Sudan

    Read more

  • Air France pilots threaten September strike

    Read more

  • WHO seeks stricter regulation for e-cigarettes

    Read more

Culture

International art dealer charged with tax evasion in France

© AFP

Text by News Wires

Latest update : 2013-02-07

French-American art dealer Guy Wildenstein, whose family operates the Wildenstein & Company gallery in Manhattan, has been charged with tax evasion and money laundering in France, a judicial source said Wednesday.

Famed international art dealer Guy Wildenstein has been charged with tax evasion and money laundering in France following an investigation launched by the finance ministry, a judicial source said Wednesday.

Wildenstein, the French-American heir to an art-dealing dynasty, was charged on January 24, the source said, adding that his family's notaries and a bank based in the Bahamas had also been charged with complicity in tax evasion. The bank is also facing money laundering charges.

The French finance ministry filed a complaint against Wildenstein in July 2011 and a formal investigation was launched in October 2011.

One of Wildenstein's lawyers, Olivier Riffaut, was charged in early 2012 with "aggravated money laundering" and placed under judicial supervision as part of the probe.

Wildenstein is alleged to have avoided paying tax on the huge fortune -- estimated in the billions -- passed on to the heirs of his father, famed art dealer Daniel Wildenstein, upon his death in 2001.

The Wildenstein dynasty was established in France in the late 1800s by Daniel's grandfather Nathan, who amassed a major collection of 18th century French paintings, drawings and sculptures.

The family has since become one of the most well-known in the art world and operates the Wildenstein & Company art gallery in Manhattan.

Wildenstein, 67, is facing separate legal troubles after being charged last July in France with concealing art that had been "reported missing or stolen".

A French anti-art theft squad at the time seized some 30 paintings from the Wildenstein Institute in Paris.

(AFP)

Date created : 2013-02-07

  • CULTURE

    Swedish museum celebrates return of stolen million-dollar Matisse

    Read more

  • FRANCE

    Louvre opens branch in region hit by industrial decline

    Read more

  • PAINTING

    Paris retrospective shows Hopper's French influences

    Read more

COMMENT(S)