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The Art Market: A History Of Secrecy & Perfect Storm For Anti-Money Laundering

A special Q&A Interview with Ronald Varney, Fine Art Advisor:

In Your Opinion, How Pervasive Is Money Laundering Activities In The Art World?

As the art market is not formally regulated in the same manner, say, as the financial markets through an agency like the Securities and Exchange Commission, money laundering has always posed a problem.  This problem, however, has grown exponentially in recent years with the explosive growth and expansion of the art market into a worldwide colossus, with the value of art increasing to unprecedented levels.

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