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Client Alert September 25, 2018

The New Art Fraud: Galleries and Dealers Are the Next Global Hacking Targets

  • The art world is an attractive target because of its fast-paced, high-value transactions with minimal documentation.
  • Once the money has been wired to the criminal’s account, they move to transfer the funds to erase their trace and disappear undetected. 
  • Victims of such a hack must wield all of the legal and investigative tools at their disposal to maximize the odds of recovery.

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