Sotheby’s has agreed to pay $6.25 million to the state of New York and implement several reforms to resolve a tax fraud ...

The 300-carat necklace thought to be at the center of the infamous 'Affair of the Diamond Necklace' that contributed to the ...

A diamond necklace that has been worn at two British coronations, and is thought to contain stones from the infamous necklace ...

Sotheby's settles for $6.25 million over clients' tax evasion on art purchases after a New York investigation.

The state said the auction house helped clients cheat their way out of paying tens of millions of dollars in sales taxes ...

The terms of the settlement in New York allowed Sotheby's to resolve the issue without admitting any wrongdoing ...

New York’s attorney general says the auction house helped eight collectors pose as art dealers to avoid paying taxes on art ...

A mysterious diamond-laden necklace with possible links to a scandal that contributed to the downfall of Marie Antoinette, ...

Employees at the auction house nudged wealthy clients to use questionable strategies in order to dodge millions in taxes, ...

A source familiar with the settlement said that Sotheby's "always believed that the NYAG had the law and facts wrong." ...

SOTHEBY’S will pay US$6.25 million and adopt reforms to settle New York attorney general Letitia James’ lawsuit accusing the ...

The Georgian piece contains about 500 diamonds and was bought for almost double the amount estimated by Sotheby's auction ...