A grand jury has spoken: art dealer Larry Salander has been indicted on 100 counts, “including grand larceny, falsifying business records, scheming to defraud, forgery and perjury,” according to The New York Times website. Salander has been arrested; more details will be coming out during the day. The total stolen was calculated at $88 million.
Everyone who ever visited his posh gallery on East 71st Street in New York wondered how Salander did it; we’re about to learn more details. In the context of Wall Street scandals, this must look small — but the art world doesn’t need this now.
Here’s the Times story.