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NY Art Advisor Who Stole $6.5M From Clients In Years-Long Fraud Scheme Sentenced To Prison
A once-prominent Manhattan art advisor who defrauded her wealthy clients of more than $6.5 million in a years-long scheme is heading to prison.
Lisa Schiff, 54, a well-known contemporary art consultant, was sentenced to 30 months behind bars in Manhattan federal court on Wednesday, March 19, after admitting to a massive fraud in which she stole money meant for art purchases and sales, instead using it to fund a lavish lifestyle and cover mounting debts.
Schiff ran her scheme for five years, from 2018 through 2023, using her company, Schiff Fine Art (SFA), to swindle at least 12 clients, one…