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NYC Art Advisor Lisa Schiff Sentenced to 2.5 Years in Prison
She was also ordered to forfeit $6.4 million and pay over $9 million in restitution for defrauding more than a dozen clients.
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She was also ordered to forfeit $6.4 million and pay over $9 million in restitution for defrauding more than a dozen clients.
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She could go to prison for up to 20 years for defrauding clients and artists.
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The NYC advisor currently facing two lawsuits for alleged embezzlement and fraud has a much longer list of claimants.
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Schiff was hit with two lawsuits in the span of a week accusing her of embezzling funds and running a “Ponzi scheme.”
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Three clients are accusing consultant Lisa Schiff of running a “Ponzi scheme” to fund her “lavish lifestyle.”