filter_list Showing 2 results for "Focal Point" close Clear
search
dashboard All 30 museum exhibitions 14article local 4article culture 3article policy 2gavel restitution 2article event 2article news 2trending_up market 1
date_range Range Today This Week This Month All
Subscribe

brazilian authorities search bank ceo art assets

Brazilian authorities are targeting the art collection and luxury assets of Daniel Vorcaro, the CEO of the recently liquidated Banco Master SA, as part of a massive fraud investigation. Following the bank's collapse due to insolvency and regulatory violations, liquidators filed subpoenas in a Miami federal court to probe Vorcaro’s dealings with blue-chip galleries and auction houses. Officials believe the financier may have funneled bank funds into high-value artworks and real estate to shield his wealth.

ant dec banksy secret profits court order

British television presenters Ant McPartlin and Declan Donnelly have obtained a High Court order to investigate potential financial misconduct involving their contemporary art collection. The duo is seeking disclosure from art dealer Andrew Lilley regarding transactions for several Banksy prints, alleging that an unnamed intermediary may have pocketed undisclosed profits. The court found a "good arguable case" of wrongdoing after a discrepancy of approximately $335,000 was discovered between what the presenters paid and what the dealer reportedly received.