Art market

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Concept.png Art market 
Art market.jpg
Interest of• Jacob Rothschild
• Vigilantcitizen
Harmless looking side activity activity of the rich, with the option to launder money.

The art market is the marketplace of buyers and sellers trading in commodities, services, and works of art.

Money laundering

Full article: Money laundering

It has been argued that expensive art is used to move high sums of money.[1][2][3][4][5] In 2020 the Permanent Subcommittee on Investigations for the U.S. Senate released a 147-page report titled “The Art Industry and U.S. Policies That Undermine Sanctions” it focuses on the connection between high-end art and potential money laundering schemes.[6][7] These high value sales may not only be used to launder money, but could also be used to pay for illicit services.