>>11882436>In recent years, the general public and federal regulators have become more aware of how some individuals operating in the world of fine arts have generated a criminal industry encompassing theft, fraud, tax evasion, money laundering and more. In 2005, an investigative story in The Washington Post reported that Interpol ranked it third among property crimes worldwide.More details have emerged over the years. In 2021, The New York Times ran a comprehensive investigative piece by Graham Bowley, “Worried by Dirty Money, U.S. Examines the Secrecy of Art Sales,” that explored a number of ways art is being used for criminal purposes.
First of all contrarian retard, congrats on the (you). Second of all, the valuation process is completely unregulated and that means a piece of toilet paper by nobody could be bought and sold for millions just so a Russian czar could keep the value of his washed money. Second, it can all be done anonymously and by private art houses. If you think taxation stops money laundering then I suppose you think that casinos and laundromats are infallible also. But hey, anon in the porn thread on a wrestling containment board must be right and not Interpol
