Russian tycoon sues Sotheby’s for $400 million ...News

Dmitry Rybolovlev is accusing renowned art dealer of aiding scheme in which he was overcharged $1 billion for some 38 works of art Russian billionaire Dmitry Rybolovlev has brought a case against Sotheby’s at the Manhattan federal court, claiming that auction house, one of the world’s largest brokers of art, aided a scheme that led him to hugely overpay for artworks. Sotheby’s in turn has accused the magnate of not having followed vital steps to protect himself from fraud. According to the businessman, the New York-headquartered auction house aided and abetted the Swiss art dealer and art adviser Yves Bouvier in c

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