Art Dealer Pleads Guilty to Wire Fraud Charges in $86 Million Scam

Prosecutors said Inigo Philbrick, who admitted he duped investors who joined him in the purchase of blue-chip art, took advantage of the opacity of the art market.Prosecutors said Inigo Philbrick, who admitted he duped investors who joined him in the purchase of blue-chip art, took advantage of the opacity of the art market.Read MoreArt, Frauds and Swindling, Basquiat, Jean-Michel, Philbrick, Inigo, London (England)

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