4/19/2009

Update: Lawrence Salander

It never ceases to amaze me how in the fine and decorative arts business the disgraced can usually find a way to survive, and sometimes even thrive. You see it time and time again, partly because of the human nature and allowing second and third chances. I dont think that will be the case about Lawrence Salander, but you really do have to wonder about people, and their willingness to support and lend assistance to someone in such deep legal trouble. This story in Bloomberg really has me scratching my head. One of the largest art fraud cases with a 100 count indictment and $88 million dollars at stake, and Lawrence Salander still has backers and benefactors.

According to Philip Boroff Bloomberg Salander has someone paying for his legal team and there have been other rumors of other financial assistance to the Salanders as well.

Boroff reports After today’s six-minute hearing, most of which was taken up by a private conference between State Supreme Court Justice Michael Obus and Ross, his associate and two assistant district attorneys, Ross declined to say who is paying him.

“There are friends and supporters of Larry Salander that care very much for him,” Ross said. “If they were asked to help a friend in need, they wouldn’t want his attorney sharing sensitive information.”

To read the Bloomberg piece, click HERE.

No comments: