White House warns art world rife with money laundering as Hunter Biden sells paintings for 0,000

White House warns art world rife with money laundering as Hunter Biden sells paintings for $500,000

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The White House is warning that the art world is fertile ground for money laundering and other financial crimes as the president’s son, Hunter Biden, is raising eyebrows by selling paintings for up to half a million dollars — despite lacking any formal art experience. 

The Biden administration released on Monday a national strategy to counter corruption, which it noted is the first of its kind. 

The White House document touches on the corruption-rife art world, noting that the “markets for art and antiquities — and the market participants…

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