-
Banker Jailed and Fined $58 Million for Smuggling Picasso Painting From Spain
A former bank president who smuggled a Pablo Picasso painting out of Spain after it was deemed a national artistic treasure has been sentenced to 18 months in prison. Jaime Botin, 83, was also fined $58 million and ownership of “Head of Young Woman” — which is valued at $26 million — was also transferred from him to the Spanish state in…