Ace Gallery Founder Douglas Chrismas Found Guilty of Embezzlement
Doug Chrismas, the founder of the now defunct blue-chip Ace Gallery in Los Angeles, was found guilty on Friday of embezzling more than $260,000 from his gallery’s bankruptcy estate for which he acted as trustee and custodian. The verdict, which was first published in the Los Angeles Times, marks the end of a tumultuous career for the 80-year-old …
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