The U.S. government returns in Brazil, two pictures, smuggled from its territory
Paintings by Roy Lichtenstein and Joaquin Torres-Garcia had previously belonged to the former director of the bank Santos Edemaru Cid Ferreira, in 2006, convicted of bank fraud
U.S. government returns Brazil two paintings removed from its territory of smuggling. Works by Roy Lichtenstein (Roy Lichtenstein) Modern Painting with Yellow Interweave and Joaquin Torres-Garcia (Joaquin Torres-Garcia) Figures dans une structure were once part of a collection of former bank director Santos Edemara Cid Ferreira (Edemar Cid Ferreira), was sentenced in 2006 to 21 years imprisonment for bank fraud.
According to the prosecutor of the Southern District of New York Prete Bharara (Preet Bharara), Ferreira purchase expensive works of contemporary art, in order to legalize the illegal proceeds of their bank fraud. Under the sentence of the Brazilian Court in 2006, all assets of the disgraced director of Banco Santos subject to forfeiture, including a collection of works of art worth 30 million dollars. To avoid the transfer of pictures to the treasury, Ferreira and his accomplices smuggled smuggled some of the products through the Netherlands, the United States. In particular, it was already mentioned paintings by Roy Lichtenstein and Joaquin Torres-Garcia, painting by Jean-Michel Basquiat in 1982 "Hannibal" and "Abstract Composition» Serge Polyakov . The works have been taken in the United States on forged documents in which pictures of Liechtenstein and Torres-Garcia was identified as two minor works the total cost of $ 180 (in fact, together they are estimated at $ 4 million).
On Tuesday, the U.S. government returned the Brazilian pattern of Liechtenstein and Torres-Garcia. Ferreira's lawyer denies membership of these two paintings to his client. According to him, while they were owned by holding company Ferreira and his wife had allegedly been sold before the freezing of assets of the Central Bank of Brazil Edemara Cid Ferreira by the court.
Source: , , , artinvestment.ru
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