Disgraced German art dealer Angela Gulbenkian, has been arrested in Portugal after the U.K. issued a European Arrest Warrant for skipping trial. Gulbenkian faces charges of theft from two separate lawsuits. The first in 2018, when she allegedly sold a yellow pumpkin sculpture by Japanese Artist Yayoi Kusama to Hong Kong based art advisor, Mathieu Ticolat. According to the complaint, Ticolat paid £1.1m for the sculpture and never received it.
A year later, another complaint was filed when a London based art dealer was contacted by a German Professor (Braun) demanding the return of, or compensation for, his Warhol print. According to reports, the London dealer, whose name has not been made public, purchased the work for £115,000 and it is alleged that Gulbenkian pocketed the money — never paying Braun.
Sources: Bloomberg, The Art Newspaper