Douglas J. Chrismas, the founder of Ace Gallery on Miracle Mile, has been arrested on federal charges alleging he embezzled more than $260,000 from the gallery's bankruptcy estate. A September trial date has been set.
Art dealer and founder of Ace Gallery, Douglas J. Chrismas, was arrested Tuesday on charges that he embezzled more than $260,000 from the now-closed gallery’s bankruptcy estate. The 77-year-old surrendered without incident to federal agents and was ordered released on a $50,000 bond.
This is the latest in a long string of legal troubles and controversies Chrismas has been embroiled in since founding the gallery in the 1960s. While known for championing pioneering artists and sculptors such as Robert Irwin, Michael Heizer, Sol LeWitt, Bruce Nauman and Sam Francis, Chrismas early on earned a reputation for shady business dealings including not paying artists, dealers, collectors and landlords.in artworks by contemporary artists including Andy Warhol and Robert Rauschenberg.
Between February 2013 and April 2016, when Ace was going through its final Chapter 11 proceedings, Chrismas remained the gallery’s president, trustee and custodian and oversaw all operations. This role also gave him access to the gallery’s property.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Justin and Hailey Bieber are Extremely Elegant on Date Night: PICSThe couple went all out for Justin's art auction and gallery opening.
Leer más »
Nigeria court acquits Shia cleric Ibrahim Zakzaky – lawyerNigerian court acquits Ibrahim Zakzaky, leader of the Islamic Movement in Nigeria, a banned Shia group, of all eight criminal charges against him, defence and prosecution lawyers say
Leer más »
Hailey Bieber Wore a Velvet Dress With Two Thigh-High Leg Slits for Justin’s Art Gallery AuctionHailey Bieber Wore a Velvet Dress With Two Thigh-High Leg Slits With Justin for His Art Gallery Auction
Leer más »
Hailey Bieber Wore a Velvet Dress With Two Thigh-High Leg Slits for Justin’s Art Gallery AuctionHailey Bieber Wore a Velvet Dress With Two Thigh-High Leg Slits With Justin for His Art Gallery Auction
Leer más »
Hailey Bieber Wore a Velvet Dress With Two Thigh-High Leg Slits With Justin for His Art Gallery AuctionJustin was all over Hailey in her dramatic evening gown.
Leer más »
Hailey Bieber Wore a Velvet Dress With Two Thigh-High Leg Slits With Justin for His Art Gallery AuctionJustin was all over Hailey in her dramatic evening gown.
Leer más »