Larry Salander Will Not See Fine Art for a Long Time


Celebrity art dealer Larry Salander was sentenced to six to eighteen years in prison yesterday, after pleading guilty to stealing $120 million from clients and investors. On top of that, his wife left him. “I’ve lost my wife, my business and my reputation,” he said tearily in court. “I am utterly and completely disgraced.” Manhattan assistant district attorney Kenn Kern didn’t have much sympathy for him. Salander conducted “a Ponzi scheme that would make Bernie Madoff proud,” he said, adding that he was “a pathologically self-absorbed con man who betrayed friends, investors, heirs and living artists. And for what? Living the dream.”