Swiss Businessman Arrested After Art Market Probe in Monaco

February 28th, 2015

A Swiss Businessman was arrested in Monaco this week, on charges of reportedly manipulating art prices and money laundering.  Yves Bouvier, the owner of several “freeports,” where art is often sold without duties, was detained this week, after authorities uncovered an alleged plot to defraud several clients, including Russian billionaire Dmitry Rybolovlev.

Read more at Financial Times