Tuesday, January 10, 2012

Nun Too Happy

An upstate group of nuns have lost their fraud case against a dealer arising out of a Bouguereau they sold to him.  Background here.  He bought the painting from them for $450,000 and then resold it for $2.5 million. He "denied any conspiracy to defraud the nuns, countering that they are merely experiencing seller's remorse. 'Sometimes you just get lucky,' he said."