Art world is ‘hotbed’ of corruption, collector claims

The Telegraph | 

To outsiders, it might appear to be a glamorous hidden world where highbrow art lovers meet some of the richest collectors in the world. But the art market is actually a “hotbed” of corruption, a leading collector has said. Kenny Schachter, a curator and commentator, said the art world was steeped in secretive dealings, with money laundering, insider tips and artists being “corrupted” as greed takes over… Read more

Image: Kenny Schachter, the art collector Credit: Jay Williams