"Sotheby's Cleared of Art Fraud Allegations by Russian Billionaire"
TL;DR Summary
A federal jury in New York ruled in favor of Sotheby's, rejecting Russian oligarch Dmitry Rybolovlev's claim that the auction house had assisted a Swiss dealer in defrauding him of tens of millions of dollars in high-end art sales. The jury found that Sotheby's was unaware of any scheme and focused on selling art at the highest possible price to the buyer, whom they believed to be the dealer. Sotheby's stated that the verdict reaffirmed its commitment to integrity and professionalism, while the trial provided insight into the inner workings of the art trade.
- Jury Finds Sotheby's Did Not Help in Any Fraud of Russian Oligarch The New York Times
- Russian billionaire loses Sotheby’s fraud case over artworks including Salvator Mundi The Guardian US
- Russian billionaire loses art fraud suit against Sotheby's The Associated Press
- Russian oligarch Dmitry Rybolovlev loses suit accusing Sotheby's of art fraud CNBC
- Sotheby's defeats Russian oligarch in art fraud case Reuters
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