Art Dealer Mary Boone Pleads Guilty to Federal Tax Crimes
Photographer: Nicholas Hunt/Getty Images
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New York art dealer Mary Boone, who became a boldfaced name in the 1980s representing painters like Jean-Michel Basquiat, David Salle and Julian Schnabel, earned unwelcome notoriety Wednesday after pleading guilty to federal tax charges.
Boone, who owns and operates galleries on Fifth Avenue and in Chelsea, could face as long as six years behind bars after admitting she failed to pay millions of dollars in taxes and filed false tax returns for her gallery, Manhattan U.S. Attorney Geoffrey Berman said.