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Art Dealer Andy Valmorbida Makes ‘Extremely Unusual’ Admissions In Alleged Fraud Case, Court Reports

Melbourne-born art dealer Andrew (Andy) Valmorbida, scion of an Italian-imports family dynasty in Australia, reportedly admitted to fraud involving multimillion dollars in artwork last May. A judgment was recently published following the civil case in the offshore tax haven of Jersey, part of the Channel Islands. Alleged fraudulent deals with artworks by the likes of Francis…

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