Munich’s Galerie Thomas Being Investigated for Suspected Fraud, Breach of Trust, and Delaying Insolvency Proceedings

Sueddeutsche Zeitung

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Many artists are affected by the insolvency and alleged embezzlement of the Thomas Gallery. This includes the internationally renowned painter Bernd Zimmer, initiator of the Stoa columned hall. In his case, hundreds of thousands of euros are at stake. Why others don't talk about their losses.

artforum.com

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Founder of Munich’s Bankrupt Galerie Thomas Investigated for Fraud

Raidmund Thomas, the founder of Munich’s long-running Galerie Thomas, and his daughter Silke Thomas are being investigated for fraud, breach of trust, and delaying insolvency proceedings. Established in 1964 and co-led by Silke from 1996 on, the once-respected gallery specialized in German expressionist, modernist, postwar, and contemporary art works and was a regular presence on […]

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Munich’s Galerie Thomas Being Investigated for Suspected Fraud, Breach of Trust, and Delaying Insolvency Proceedings

The founder of the now-bankrupt Galerie Thomas in Munich is being investigated alongside his daughter on suspicion of fraud, breach of trust, and delaying insolvency proceedings, German officials said.Raidmund Thomas founded the gallery in 1964 and gained a reputation for selling high-value German expressionism, modernism, post-war, and contemporary art. It was among the best-known secondary market dealerships in Germany. His daughter, Silke Tho…