The heirs of the Wildenstein family of art dealers and their advisors were convicted this Tuesday of colossal tax fraud by the Paris Court of Appeal. Guy Wildenstein, 78, was sentenced to 2 years of imprisonment firm as well as a million euros fine.
His nephew, Alec junior, was jailed for two years and fined 37,500 euros. After two relaxations in 2017 and 2018, the heirs were convicted on Tuesday for colossal tax Fraud in France. The verdicts were announced at 2.44 p.m., March 5, 2024.