Jamie Botín Sentenced to 18 Months Jail Time Over Picasso Smuggling

January 17th, 2020

Jamie Botín, the head of Grupo Santander, has been sentenced to 18 months in jail for smuggling the Picasso work Head of a Young Woman (1906) out of Spain.  The work was discovered aboard Botín’s yacht, with the businessman claiming he was sailing to Geneva to store the work.

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