Prosecutors said Inigo Philbrick, who admitted he duped investors who joined him in the purchase of blue-chip art, took advantage of the opacity of the art market.
Nov. 18, 2021
For years Inigo Philbrick, a young art dealer with a gallery in the Mayfair district in London, was a brash fixture within the world of postwar and contemporary art.
Known for traveling on private jets, renting villas in Ibiza and wearing handmade Italian suits, he also was known to draw people into investing with him in paintings by blue-chip artists like Jean-Michel Basquiat, Rudolf Stingel and Christopher Wool.