100 kilos of gold bricks will not be arriving at the Gagosian Gallery in Santa Monica, California this weekend. The bricks were to have been the centerpiece of a show called One Ton One Kilo by artist Chris Burden. The gold was bought from Stanford Coins and Bullion, part of the Stanford Financial group. You know, Stanford, the mini-Madoff guy accused of bilking investors in an $8-billion ponzi scheme. Now the transfer is frozen while the SEC investigates Stanford. It appears that large-scale conceptual sculpture is but the latest unexpected casualty of the economic crisis.
100 Kilos Of Gold Art Show Cancelled
By Ben Popken March 6, 2009
- it's all sting's fault Pizzas, Pot & Fields Of Gold: 7 Important Firsts In Online Retail History
- Not Covering The Investments SEC Alleges Ex-NFL Player Ran $31M Ponzi Scheme
- Stinkin' Rich Promises Feds: Green Energy Ponzi Scheme Duped Consumers Out Of $54.5M
- They're All Out To Get Us SEC: Early Bitcoin Adopters Targeted For Too-Good-To-Be-True Investment Scams
- bitcoin in the fountain Judge Hits Bitcoin Ponzi Scheme With $40.7 Million Penalty