Reuters reports Art dealer Lawrence Salander, 59, was indicted on additional charges for stealing $5 million from several estates on Tuesday after he was arrested in March for orchestrating a sophisticated $88-million art investment scam that also duped former tennis champion John McEnroe and Bank of America.
Salander and other dealers at his New York gallery sold the works by Robert De Niro Sr., an abstract Expressionist painter who died of cancer in 1993 aged 71, and did not pay out the majority of the sales to his estate, according to the charges.
As a result of the scam, De Niro Sr.'s estate lost more than $1 million, the DA's office said.
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