Heir to Art-Dealing Estate Faces Major Tax Fraud Scandal

On Thursday, the heir, Guy Wildenstein, to a major art-dealing dynasty appeared in court for one of the biggest tax fraud trials ever in France. Wildenstein is accused of hiding a billion-dollar family fortune in offshore tax havens. If convicted, he faces up to ten years in prison and a substantial bill for back taxes. Wildenstein denies these accusations. 

See Kim Willsher, Heir to Art-Dealing Estate in Court in Major French Fraud Trial, Guardian, September 22, 2016. 

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.