For questions of tax fraud and money laundering, three members of the wealthy Wildenstein family, a Franco-American dynasty of art dealers as well as two financial institutions, a lawyer and two notaries, as well as two financial institutions, a lawyer and two notaries, were convicted by the Paris Court of Appeal.

On March 5, the Paris Court of Appeal convicted members of the wealthy Wildenstein family as well as two financial institutions, a lawyer and two notaries. The Wildenstein clan is being claimed several hundred million euros by the tax authorities in addition to the criminal sanctions imposed. The case concerns fraud in the estate of Daniel Wildenstein, art dealer and historian who died in 2001. His fortune, largely made up of real estate and exceptional works of art, was deliberately hidden in a cascade of offshore structures, to avoid inheritance taxes.

Daniel's son, Guy Wildenstein, receives 4 years in prison, including 2 years in prison, sentence adapted to house arrest under electronic surveillance, as well as a amende of one million euros, with the confiscation of 3.4 million and “the obligation to pay the amounts due to taxes for the acts of tax evasion linked to the succession of Daniel Wildenstein and of blanchiment committed in organized crime”

Alec Wildenstein junior est condamné à deux ans de prison avec sursis et 37500 euros d' fine . Lioubov Stupakova, 50, widow of Alec Senior, who plays a secondary role, receives only a three-month suspended prison sentence.