Thursday, October 02, 2014

Follow us:
Follow @NY1 on Twitter Follow NY1 News on Facebook Follow NY1 News on Google+ Subscribe to this news feed 

News

Former Aid To Filipino First Lady Convicted For Not Paying Taxes On Millions In Artwork

  • Text size: + -
TWC News: Former Aid To Filipino First Lady Convicted For Not Paying Taxes On Millions In Artwork
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

A former aid to the first lady of the Philippines is convicted of trying to sell four priceless impressionist paintings without paying taxes.

At one time the paintings belonged to former Filipino First Lady Imelda Marcos.

A Manhattan jury convicted her ex-aid, 74-year-old Vilma Bautista, of fraud charges related to their disappearance.

The District Attorney’s Office said Bautista took the paintings when the Marcos regime crumbled in 1986.

She held onto them until 2009, when she tried to sell them off for tens of millions of dollars.

She managed to sell a famous water lily painting by Claude Monet for $32 million and then didn't file the income in her tax return.

No date was set for sentencing.

10.11.12.245 ClientIP: 107.21.163.167, 23.0.160.31 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP