Bloomberg has an article on Sotheby’s increasingly broad lending practices, which have grown from $682 million to almost $1 billion in recent years, a point that some consider extremely inviting for those looking to launder money.  “One way to launder is to use art as a security for a loan,” says David Hall, former special prosecutor for the FBI Art Crime Team. “The level of scrutiny you’ll receive from a bank is much higher than you will receive from an auction house.”Read more at Bloomberg

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