Money Honey, 2019
The Most Secure Ways to Pay for Art
Samuel McIlhagga
There are multiple instances and possibilities of fraud in the art market, from forgery of work to the use of expensive paintings to hide laundered money. One of the most common and widely reported on problems for dealers and clients is a loss of money from payment diversion fraud. This fraud normally involves hackers gaining entry to email conversations and redirecting funds to their accounts through manipulated invoices.
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