Europe 1 with AFP // Credits: ERIC FEFERBERG / AFP 2:44 p.m., March 5, 2024

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 years old, was sentenced to 2 years' imprisonment and a fine of one million euros.

His nephew, Alec junior, was sentenced to two years in prison and a fine of 37,500 euros. 

After two relaxations in 2017 and 2018, the heirs of the Wildenstein family of art dealers and their advisors were convicted on Tuesday by the Paris Court of Appeal for colossal tax fraud.

Guy Wildenstein, 78 years old, was sentenced to 4 years of imprisonment, including 2 years, as well as a fine of one million euros, when his nephew, Alec junior, was sentenced to two years in prison, suspended and 37,500 euros fine.

More information to come...