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Tag: money laundering

Florida jury finds UndeadApes NFT creator guilty of wire fraud and money laundering

November 7, 2024November 14, 2024Leave a comment

Berman Jerry Nowlin Jr., creator of “Undead Apes” NFTs, has been found guilty of conspiracy to commit wire fraud and money laundering by a Florida jury. Nowlin and his co-creator made nearly $400,000 from the scheme, which piggybacked off the success of their previous collections to mislead investors.

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Portuguese art dealer arrested over allegation of fraud and money laundering

July 2, 2021Leave a comment

    The high-profile Portuguese art collector and businessman Joe Berardo, 76, has been detained by police over fraud and money laundering allegations. Berardo’s 900 strong art collection includes works by Pablo Picasso (1881-1973), Francis Bacon (1909-1992) and Nan Goldin.

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