Transparent art funds that embrace technology, lawful conduct, and the scientific method to do business are what is needed. It must be understood that clients expect to multiply their capital legally, timely and responsibly, which is a much larger responsibility than just selling art to the highest bidder. Without a doubt, art funds are responsible for leading the market instead of just reacting to it. Reasonable, thought through regulations that help all market participants equally generate wealth, create transparency, freedom, and accountability must be promoted. Leaders of art funds must understand this and hold themselves to a higher standard than everyone else.
How Professor Mikhail Tamoikin Survived Kidnapping and Torture in Ukraine, then a Mob Hit in Lithuania
In August of 2015 Mikhail Tamoikin was kidnapped at gunpoint in the center of Kiev, chained and dragged into a car, taken to a boat, where he was beaten and tortured. Miraculously he managed to escape by jumping into the river and swimming for 12 km to safety. After calling the local police, Mikhail quickly learned that the corrupt Ukrainian government officials and “on the take” law enforcement officers were responsible for his kidnapping. Prof. Tamoikin managed to barely get out of Ukraine, moving to Lithuania, but that did not stop this international criminal candidate. Just two months later a second attempt on his life took place. An unmarked car with a masked driver intentionally hit Mikhail in Vilnius city, and when he survived that, these criminals, dressed as policemen, tried to finish the job.