Work has gone arrested for the debts of the estate of businessman James Stant

Stant Mansion in Belgravia was arrested last Thursday, 12 March 2020, after the disgraced businessman failed to pay the monthly payment for this property. Up to that mansion with all its contents, including art, was recognized as the property of the creditors. Now the paintings is missing, and the investigation finds out where they are, at which point the Constants were taken from their homes, what their legal status and the actual market value.

the Latter is particularly important. Despite the fact that, according to open sources, the businessman owns a Monet worth £2.1 million, Chagall cost £1.6 million, two paintings from Pissarro for £800 thousand, a collection of works by van Dyck and a fine collection of wines costing £400 million, lenders have reasons to doubt that these works — exactly what they give.

In February 2017 James Stant loaned to Prince Charles of Wales 17 works, including paintings by Dali, Chagall, Monet and Picasso. The last four were insured by the Foundation of Prince Charles, according to their market value of £120 million in November 2019 was revealed that at least 4 out of the 17 works — forgery is not of the highest level, the California painter Tony Tetro, known as the "world's greatest living art forgers". Their average cost at the moment does not exceed $20 thousand.

After the information about the forgeries was confirmed, James Stant came under investigation and its assets worth £30 million have been frozen. Now a businessman with huge debts, staying with friends, and the police and the creditors continue looking for work.

the Material was prepared by Maria Kuznetsova, AI

Source: dailymail.co.uk, vanityfair.com