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The Independent UK
The Independent UK
National
Larry Neumeister

Tearful Russian billionaire who spent $2 billion on art tells jurors Sotheby's cheated him

Copyright 2013 The Associated Press. All rights reserved.

A Russian billionaire who accused Sotheby’s of teaming up with a Swiss art dealer to cheat him out of tens of millions of dollars became tearful Friday while testifying about discovering he'd been part of a con game too common in an “art market that needs to be more transparent.”

The emotional moment came as fertilizer magnate Dmitry Rybolovlev, speaking through an interpreter, completed two days of testimony in Manhattan federal court to support his lawsuit against Sotheby’s.

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