How does money laundering work in the commercial art world?

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How do people use the commercial art to launder money?

For context, I work in commercial galleries and it’s something I’m trying to understand to work in a safer way with collectors. Thanks!

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9 Answers

Anonymous 0 Comments

Art has fluid value… and price is different to everyone. So you can move money through the art world by over inflating some art value by simply paying more for it without actually paying more for it.

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