"Many people are very casual in the way they deal with high-value art, in a way they wouldn't behave in their professional world," says Jane Levine, a former federal prosecutor and chief compliance counsel at Sotheby's. "The idea of turning over your business to a potential buyer without a contract or protection is lunacy, right? But in the art world, that happens every day-you give the work to a dealer and if they sell it and don't pay you, you've lost that work."
"During her time working with the FBI, Levine met Wynne, who spent over 30 years with the bureau's Major Theft Squad and was a charter member of its National Art Crime Team. Wynne works closely with Arnold, a former prosecutor with the Manhattan District Attorney's Office and counsel to the New York Police Department (NYPD) Major Case Squad who has worked on investigations into art theft, fakes, forgery and fraud. Sears Goldman, meanwhile, is a provenance and art market researcher who was an expert witness in the well-documented Knoedler Gallery fraud case in 2016."
The art industry faces increasing regulatory scrutiny and frequent careless behavior around high-value works, creating demand for risk and compliance services. Many participants treat valuable art transactions informally, sometimes handing over works to dealers without contracts and risking loss if sales proceed without payment. The ArtRisk Group was established in New York as a risk advisory and private investigation firm offering expertise in art theft, fraud, provenance, due diligence, and legal matters. The founding team combines former federal prosecutors, longtime FBI Major Theft Squad experience, NYPD and Manhattan DA investigative backgrounds, and provenance research and expert witness experience.
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