Salander Auction, For Fraudster’s Creditors, Falls Short

“More than a third of the art didn’t sell, which dealers and art consultants attributed as much to Salander’s habit of buying in bulk — indiscriminately, some say — as to European economic turbulence.” Art dealer Lawrence B. “Salander, 61, who pleaded guilty in March to a $120 million art fraud, is free on $1 million bail.”