Ex Salander Gallery Director Pleads Guilty

Bloomberg is reporting ex Salander Gallery director Steven Harvey has pleaded guilty to falsifying records in a fraud, a felony. Lawrence Salander was charged earlier with stealing $88 million dollars from collectors, investors and banks.

Bloomberg reports On July 9, 2004, he signed a consignment agreement to sell art and pay proceeds to the consignor within 15 days of receiving any money, according to a statement by Jeremy Rosenberg, a senior investigator with the DA’s Investigation Bureau. The statement didn’t disclose the identity of the consignor or the art.

The statement said Harvey informed the investigator “that he knew at the time he signed the above described consignment agreement that the gallery would not make the payments to the consignor/informant in accordance with the agreement thereby retaining the money for use by the gallery for its own financial gain.”

To read the full Bloomberg story, click HERE.