NY art dealer charged in $4M fraud - New York

NY art dealer charged in $4M fraud Associated Press – NEW YORK (AP) — A New York art dealer has been charged in a $4 million fraud for selling works by Picasso, Matisse and others without informing the owner or giving him the proceeds. The charges in a criminal complaint in Manhattan accuse Robert Scott Cook of selling 16 works of art without the owner/collector's knowledge. The artwork included watercolors, drawings, photographs, and other works by artists including Pablo Picasso, Henri Matisse and Pierre-Auguste Renoir, among others. Lawyers in court papers filed in a civil case against him say Cook is likely living abroad because he travels frequently around the world. A lawyer for the 62-year-old Cook did not immediately return a phone message for comment. From 2005 to 2011, Cook owned Cook Fine Art, LLC. Source: http://news.yahoo.com/ny-art-dealer-charged-4m-fraud-012849437.html