US EditionOnetime art adviser to actor Leonardo DiCaprio gets 2.5 years in prison for $6.5 million fraud
- Lisa Schiff was sentenced to 30 months in prison after pleading guilty to defrauding clients of $6.5 million through her business, Schiff Fine Art.
- Schiff used her clients' funds to support a lavish lifestyle, including a $25,000-a-month apartment and luxury trips to Europe, according to prosecutors.
- Michael Barasch, a victim of Schiff, mentioned in court that her victims could collectively lose up to $10 million when considering legal costs.
- Prosecutors described the fraud as extensive, noting it lasted around five years and affected more than a dozen clients.
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Leonardo DiCaprio's Art Advisor Latest in Long Line Who've Ripped Him Off Or Gone to Prison - Showbiz411
Leonardo Di Caprio is a great actor but maybe a poor judge of character. Today, Lisa Schiff, his art advisor — for him and his foundation — was sentenced to two and a half years in prison for fraud. Leo doesn’t learn his lesson. In 2000, Dana Giacchetto — his best friend and investment counselor […] The post Leonardo DiCaprio’s Art Advisor Latest in Long Line Who’ve Ripped Him Off Or Gone to Prison appeared first on Showbiz411.
Onetime art adviser to Leonardo DiCaprio gets 2.5 years in prison for $6.5 million fraud
NEW YORK -- A New York art adviser who once counted actor Leonardo DiCaprio among her wealthy patrons was sentenced Wednesday to 30 months in federal prison after admitting to cheating clients out of $6.5 million in connection with the sale of 55 works of art.
Lisa Schiff, NYC art ‘adviser’ to stars including Leonardo DiCaprio learns her fate after $6.5M fraud
A Manhattan art advisor, whose celebrity clients included actor Leonardo DiCaprio, was sentenced to over two years in prison for swindling at least a dozen people out of nearly $6.5 million.
NYC Art Advisor Lisa Schiff Sentenced to 2.5 Years in Prison
New York City art advisor Lisa Schiff has been sentenced to 30 months in prison today, March 19, for defrauding multiple clients out of approximately $6.5 million through business transactions in a years-long scheme. Schiff, who pled guilty last October to one count of wire fraud, was also ordered to pay forfeiture of over $6.4 million and over $9 million in restitution.Schiff, who once helmed her namesake art advisory company Schiff Fine Art (S…
Associated Press News
Onetime art adviser to actor Leonardo DiCaprio gets 2.5 years in prison for $6.5 million fraud
A New York art adviser who once counted actor Leonardo DiCaprio among her wealthy patrons has been sentenced to 30 months in federal prison after admitting to cheating clients out of $6.5 million in connection with the sale of 55 works of art.
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