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High-profile art collector charged With tax evasion on art and luxury purchases

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Manhattan District Attorney Cyrus R. Vance, Jr., today announced the indictment of MICHAEL SHVO, 43, a real estate developer, his companies, SHVO ART LTD. and SEREN LLC, and two shipping companies and their principals, for participating in a scheme to evade the payment of more than $1 million in state…

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