Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

‘Art Pope’ Appears in Court, Seems to Confess

December 15, 2014 by Marion Maneker

Helge AchenbachHelge Achenbach, the jailed art advisor, was in court today and seems contrite:

“I needed money and I let myself be tempted to take not-agreed upon bonuses,” he said. “In addition to the regular five percent, I charged him extra. That was a great mistake.”

A prominent art dealer from Dusseldorf, Achenbach was obviously nervous and emotionally distraught. “I want to apologize to the Albrecht family and their heirs,” Achenbach added.

The “Kunstpapst” (art pope), as they call him in Germany, burst into tears and the hearing had to be temporarily delayed.

Achenbach trial: a confession in tears (Die Welt)

More from Art Market Monitor

  • Think Globally, Buy LocallyThink Globally, Buy Locally
  • Marcato Unloads on Sotheby’s: Buy Back $500m in StockMarcato Unloads on Sotheby’s: Buy Back $500m in Stock
  • Observer Looks at ABMB 2012Observer Looks at ABMB 2012
  • Phillips de Pury Contemporary ResultsPhillips de Pury Contemporary Results
  • Christie’s NY PWC Day Sale = $90.7mChristie’s NY PWC Day Sale = $90.7m
  • Watch Salvator Mundi Become the Most Expensive Work of Art SoldWatch Salvator Mundi Become the Most Expensive Work of Art Sold

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...