Dealer Perry Rubenstein cuts plea bargain, will serve jail time

The art dealer Perry Rubenstein pleaded no contest to two counts of grand theft by embezzlement in a Los Angeles County court on 23 March, a deal that led to the dismissal of other ancillary charges, and his receiving, on 22 May, a sentence of 180 days in a private jail facility, and three years of formal probation. Rubenstein also paid $1,142,500 in restitution to two of his victims, Michael Ovitz and Michael Salke.
The criminal charges related to Rubenstein's bankruptcy, declared in 2014. Rub