NY Art Dealer Cops to Scamming De Niro, McEnroe

Salander pleads guilty to $120m ripoff
By Rob Quinn,  Newser Staff
Posted Mar 19, 2010 1:50 AM CDT
This photo provided by the Manhattan District Attorney's Office shows "Landscape with Pink Field," by American abstract expressionist painter Robert DeNiro Sr.    (AP Photo/Manhattan District Attorney's Office)
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(Newser) – Disgraced New York art dealer Lawrence Salandar pleaded guilty yesterday to ripping off customers and investors to the tune of $120 million. Salander sold paintings that didn't belong to him and the same paintings to multiple buyers. Salander, who filed for bankruptcy in 2008, will serve between 6 and 18 years in jail, the Telegraph reports.

"I am deeply ashamed and sorry for my actions," said Salander, whose many victims include John McEnroe and Robert De Niro. The dealer sold paintings by De Niro's late father, a noted expressionist painter, without the permission of the De Niro estate. The actor has made a deal with the trustee overseeing Salandar's firm to reclaim the works before they go to auction.

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