Art Dealer Salander Pleads Guilty To $120M Fraud
'''I am deeply ashamed and sorry for my actions,' the dealer, Lawrence B. Salander, 60, said after acknowledging that he had defrauded clients including the tennis star John McEnroe; Roy Lennox, a hedge fund manager; and Earl Davis, the son of the painter Stuart Davis." He admitted "to 29 charges of grand larceny and scheming to defraud investors." The New York Times 03/19/10

Posted March 19, 2010 05:26 AM