Panama Papers Reveal Offshore Accounts of Art World A-Listers

artnet News | Christian Viveros-Fauné:

The other shoe may have dropped with regard to the art world and the Panama Papers. Despite initial speculation that Mossack Fonseca—the Panamanian law firm at the heart of the Panama Papers scandal—worked with few American clients, several news outlets are now reporting that they have established connections between art world A-listers and various offshore companies. Among those named are art collectors Ella Fontanals-Cisneros and Denise Rich, Canadian-born magazine publisher Louise Blouin, and art dealer Dominique Lévy… Read more

Image: Louise Blouin. Photo Thos Robinson/Getty Images