Posted on March 23, 2010 by Daniel Schnapp

Salander Pleads Guilty

Lawrence Salander pleaded guilty last Thursday to a $120 million fraud scheme, admitting he sold paintings he did not own and at least once sold fractional shares of a painting that added up to more than 100 percent.

More about the guilty plea can be found here:

www.nytimes.com/2010/03/19/nyregion/19salander.html

 

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