Why do people buy huge canvases with a few dots on from an arts unheard of for millions? I know it’s commonly used to launder money. Can someone explain how the process works?
In: Other
Let me explain in a modern, 2021, terms
Corrupt person A: Hey corrupt country government official, if you sign and buy this covid vaccine batch from my company for 100million I will give you 10million on the side
Corrupt country official: Thats great but the IRS will get me because I wont be able to explain where this 10million came from
Corrupt Person A: Well, can you by any case paint three dots in a huge canvas? I am really into those and would buy it for 10million
Corrupt country official: My son is an artist, I will send you the address of his gallery, I think he had a few paintings with dots in there for sale and one of them costs exactly 10million. Oh, and your company just won the contract despite having better and cheaper options suddenly I chose you.
1 year later
IRS: Hey, how did you get 10million in one year if you are unnemployed
Corrupt Offspring: hey Man, I made this huge sale of one of my paintings, it was a white canvas with 3 dots that took me 10 minutes to make
IRS: What the heck, that doesnt sound legit, how did that sell for 10million?
Corrupt Offspring: chill out man, art is in the eye of who sees it, the value is in our heart.
Latest Answers