More accusations have come to light this week in the case between Dmitriy Rybolovlev and Yves Bouvier, as the Russian billionaire accused the dealer of overcharging him on a number of deals taking place over the course of the last decade. “The level of art expertise of any of the victims of this massive fraud is irrelevant,” a spokesman for Rybolovlev says. “The underlying dishonesty resides in the structure of the hidden margins amounting to $1 billion, and how the victims were made to believe that these secret margins were part of the purchase price.”
Read more at Bloomberg