Onetime art adviser to actor Leonardo DiCaprio gets 2.5 years in prison for $6.5 million fraud – WNKY News 40 Television
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By PHILIP MARCELO – Associated Press
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NEW YORK (AP) — A New York art adviser who once counted actor Leonardo DiCaprio among her wealthy patrons has been sentenced to 30 months in federal prison after admitting to cheating clients out of $6.5 million in connection with the sale of 55 works of art. Lisa Schiff sobbed as she apologized to former friends and clients Wednesday in Manhattan federal court. The judge called Schiff’s crimes “brazen,” noting her fraud lasted five years and involved more than a dozen clients. Prosecutors say Schiff ripped off clients by selling their artwork without telling them or by accepting money to buy art she didn’t purchase.
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