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The Great Park West $40 Million Donation~Honest or Sham?

 
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FineArtRegistry



Joined: 20 Aug 2007
Posts: 476

PostPosted: Tue Feb 03, 2009 11:02 am    Post subject: The Great Park West $40 Million Donation~Honest or Sham? Reply with quote

THE GREAT PARK WEST GALLERY $40 MILLION DOLLAR DONATION...HONEST OBJECTIVE OR SHAM?

It was recently brought to our attention through Caponigro Public Relations, Inc. (Park West's PR spin doctor) that Albert Scaglione and Park West Gallery donated over 40 million dollars (that's right - 40 million dollars) of its own inventory to a number of public...

...Read the complete article here: THE GREAT PARK WEST GALLERY $40 MILLION DOLLAR DONATION...HONEST OBJECTIVE OR SHAM?

Discuss this Article Here: We look forward to your Comments!
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FineArtRegistry



Joined: 20 Aug 2007
Posts: 476

PostPosted: Tue Mar 03, 2009 2:14 pm    Post subject: How "Independent" Are the Park West Gallery Apprai Reply with quote

How "Independent" Are the Park West Gallery Appraisers?

The Great Park West Gallery $40 Million Donation - Part II
This is a follow up to Part I of this series in which we examined Park West Gallery's record of art donations (and presumably tax write-offs) to universities and so on (read Part I here).

Park West Galleries, Inc. also operates in Michigan under the assumed name Circle Fine Art Liquidators. Circle Fine Art (once a publicly traded company) went bankrupt and Park West is believed to have bought its stock in a reported May 2, 1996 asset sale. We now have evidence that Caroline Ashleigh appraised a good majority of the Circle Fine Art inventory which Park West Gallery acquired. What we have uncovered here calls into serious question the ethics of the appraiser and not surprisingly, most certainly Park West Gallery's business practices...

...Read the complete article here: How "Independent" Are the Park West Gallery Appraisers?

Discuss this Article Here: We look forward to your Comments!
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