The Art Market Isn't Safe for Money Laundering
A Wall Street Journal op-ed calls for sensible art market regulations but relies on some money laundering fairy tales
The Myth of the Money Laundering Art Market
With apologies for beating a dead horse, it is time to wade once again into the issues surrounding the art market and international money laundering. The occasion for our latest foray is William G. Rich’s opinion piece in the Wall Street Journal which is a perfectly reasonable idea justified with a load of nons…