Modern Art selling for £ 700,000 and more

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Some Modern Art ….

This drawing is selling for £ 700,000

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Source : https://www.phillips.com/auction/UK011026/overview

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1 comments

What makes that so valuable? Seems like a laundering front

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Yes. Absolutely. It’s a scam. They buy it for $700,000 …. Put it in a vault for 10 years. Then Sell it for $10 million and donate to a charity to avoid paying any taxes. Ever. It’s how the Oligarchs avoid paying a penny of tax.

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