Knoedler Gallery Fraud Trial Abruptly Suspended—Settlement Seems Likely
Hammer then sold the car, she testified, and the holding company paid the taxes on his income from the sale.
She also testified that Hammer had charged as much as $1.2 million on a company American Express card between 2001 and 2012. She testified that the expenses included a trip to Paris for his wife, Dru Ann Hammer.
Blankschen said that she had paid Rosales up to $9,000 in cash in an envelope for each of the paintings she brought to the gallery, which is significant because the IRS requires reporting of cash transactions over $10,000.