• davel [he/him]@lemmy.ml
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    14 hours ago

    If works of art valued above a certain amount were automatically nationalized through eminent domain, then perhaps these sorts of thefts would happen less often. But since the fine art market is a tax shelter and money laundering scheme for the ultra-wealthy, no such system will ever exist in capitalist states. The ultra-wealthy won’t allow it.

    • bedwyr@piefed.ca
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      1 hour ago

      The art market is also an insurance scam center, which might be the case here.

    • lntl@lemmy.mlOP
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      16 hours ago

      The article doesn’t indicate any contact from thieves seeking a ransom. I imagine they’d get more money for it on the black market than they would w a ransom anyway. With that said, French gov spends money of crazy stuff all the time so who knows?

      • bedwyr@piefed.ca
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        1 hour ago

        They can’t sell famous paintings. Anyone buying them can’t show them anywhere either. It’s too hot to sell. It’s usually insurance scamming or ransoming them according to a recent article about a similar theft that just happened from some siciliain church in messina by the guardian I think, maybe reuters.

        • eldavi@lemmy.ml
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          21 minutes ago

          Anyone buying them can’t show them anywhere either. It’s too hot to sell.

          except for their personal yachts and to their likeminded friends – something that no longer exists on social media and goes to prove that practices are more effective at curbing social media than any law could ever be.