Pursuits

WG’s Greenwood, Guilty of Fraud, Sells $1.9 Million Teddy Bears

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A collection of teddy bears valued at as much as 1.2 million pounds ($1.9 million) will be sold at a London auction by a hedge-fund manager who has pleaded guilty to fraud charges, art dealers said.

Paul Greenwood, the former general partner in WG Trading Co., is the seller of 1,300 vintage Steiff teddy bears and soft toys at Christie’s International on Oct. 13, the dealers said.