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Dozens accused in massive French auction conspiracy

March 15, 2016 By: Stephen Dietrich

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Four Paris auctioneers and dozens of auction workers have gone on trial accused of a vast scheme to steal thousands of pieces of artwork and other valuable items worth millions of euros over several years.

The works included a Courbet painting, Chagall and Matisse lithographs, and a 2.08-carat diamond. Workers tasked with transporting the objects allegedly stole them and then later sold some of them with the complicity of auctioneers.

Nearly all of the 50 defendants involved in the case at the Hotel Drouot, the biggest, oldest and most famous auction house in France, appeared in a Paris court Monday charged with gang-related theft, conspiracy to commit a crime or handling stolen goods.

They face up to seven years in prison and 175,000 euros ($195,000) in fines each if convicted.

The Associated Press contributed to this article. 

About the Author

Stephen Dietrich

Stephen is a U.S. Army veteran with over a decade of combined experience in political commentary, economics, and news.

Comments

  1. Arthur Hartsock says

    March 19, 2016 at 1:47 pm

    All of you people with this amount of money to spend should meet Bernie Sanders. Instead of wasting your money on art he’ll let you donate 80% of it to the government. Ha Ha.

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