Perry Rubinstein’s legal troubles have just moved from civil to criminal court. The charges center around two consignors. One was Michael Ovitz who sold work through Rubinstein but didn’t receive payment. The other involves a sale Rubinstein made but did not fully report to the consignor”

Rubenstein, 62, was arrested late Thursday in Santa Monica, more than a month after prosecutors filed charges alleging three felony counts of grand theft by embezzlement. The complaint requested that he be held on $1-million bail.

His attorney, Stephen Sitkoff, said the case does not belong in criminal court since Rubenstein’s dispute with Ovitz was resolved in a civil settlement earlier this year.

“We deny all these allegations and look forward to clearing his name and getting his reputation back,” Sitkoff said. “There’s no criminal conduct on Perry’s part.”

Celebrity L.A. art dealer charged with ripping off Michael Ovitz, others (LA Times)