Leonardo DiCaprio’s onetime art adviser cheated clients out of $6.5 million to pay for a $25,000-a-month apartment, shopping sprees, and luxury hotels

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A New York art adviser was sentenced to 30 months in federal prison after admitting to cheating clients out of $6.5 million.

Schiff’s lawyer, Randy Zelin, maintained his client has cooperated “on every imaginable level” in the criminal investigation and efforts to recover some of the stolen funds.“My client can’t undo what happened,” he said.“She can accept responsibility.

Vogel argued Schiff only came clean about her crimes when it was clear they were going to become public.“She had reached a point where she couldn’t keep the fraud going any longer,“ Vogel said.

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Article Details

Author / Journalist: Rachel Ventresca

Category: EconomyBusiness

Markets: United States

Topics: Art Crime Art Sales Leonardo DiCaprio Luxury

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 09:12:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 688 words

Reading Time: 4 minutes read

Sentences: 5 lines

Sentence Length: 138 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27189284

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