Wednesday, October 31st, 2012

Former Guggenheim Bilbao Finance Chief Sentenced for Thefts

November 30, 2009 by  
Filed under Art Crime & Legal

MADRID— After admitting to stealing more than €486,000 ($775,000) from the Guggenheim Bilbao museum, Roberto Caersolo, the museum’s former finance director, has been sentenced by a Spanish court in Madrid to 32 months in prison. Officials at the museum fired Caersolo last year after an internal audit discovered the missing sums of money. In a letter to museum director Juan Ignacio Vidarte after his firing, the one-time finance chief revealed his theft, writing, “Since I could no longer live with [...]