Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Andrew Jefford Investigates: Is Germany truly the new ‘Pinot Paradise’ for wine Lovers?

November 23, 2025

In New Filing, Philadelphia Art Museum Accuses Ex-Director Sasha Suda of Theft

November 22, 2025

AST SpaceMobile and Starlink may prove friend, not foe, to these wireless stocks

November 22, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

Andrew Crispo, New York Art Dealer and Tabloid Sensation, Dies at 78

News RoomBy News RoomMarch 19, 2024
Share
Facebook Twitter LinkedIn Pinterest Email

Andrew Crispo, a New York art dealer who became embroiled in a murder scandal during the 1980s, died on February 8, according to the New York Times, which reported his death on Tuesday.

For many, Crispo is remembered for being drawn into the investigation surrounding the killing of Eigil Dag Vesti, a 26-year-old model from Norway, in 1985. According to the police, Crispo and an employee at his gallery had left a club with Vesti, whose dead body was discovered the next morning. Vesti’s body had been burned, and he had been shot twice in the head.

Tabloids seized on the incident, terming it the “Death Mask Murder.” While the police never charged him, and Crispo himself denied involvement in the murder, his legacy has been forever intertwined with Vesti’s—so much so that the writer Gary Indiana once recalled the lack of charges brought against Crispo as “one of the most surpassingly ugly things that ever happened in the art world.”

Yet the investigation surrounding the murder, for which Crispo’s employee was ultimately charged, proved only one stain on his reputation. Others would follow: multiple arrests for unrelated crimes, time spent in prison, and a declaration of bankruptcy. In 2013, Artnet News listed Crispo among as one of the “Top 13 Art World Jailbirds.”

Born in 1945 in Philadelphia, Crispo became a sex worker in that city during his late teens, according to the Times; one of his clients was reportedly the socialite and former Philadelphia Museum of Art chairman Henry McIlhenny. One Crispo moved to New York in 1964, he became a part of the art world, and took a job at the ACA Galleries. He would go on to launch his own gallery.

But memory of his gallery’s dealings has largely receded. When people talk about Crispo, they talk, for example, about another 1984 crime for which he was indicted. A 26-year-old bartender claimed he had been kidnapped and tortured by Crispo and the same email involved in the Vesti murder, Bernard LeGeros. Crispo was acquitted while LeGeros pleaded guilty.

In 1986, Crispo was sentenced to five years in prison for tax evasion; he was released in 1989. The Internal Revenue Service, which claimed he had failed to pay millions of dollars in taxes, took his art collection.

He amassed some money from a lawsuit won against a power company that he said ultimately caused the explosion of his Long Island home. But by 1996, his financial situation turned once again, causing him to declare bankruptcy.

While he promised that he was on the right track this time, even teasing the reopening of his gallery, he once again landed himself in the media for threatening to kidnap the young daughter of a lawyer working on the bankruptcy proceedings. He was sentenced to seven years in prison in 2000, and ultimately served five.

During the interval between his two prison sentences, he accrued a nasty reputation in New York.

“For those eleven straight years of freedom, he continued to be the bogeyman of New York City’s gay world,” Choire Sicha wrote in New York Magazine. “He was, overtly or abstractly, what was meant when older gay men cautioned younger gay men about Bad Things That Happened when hooking up on phone sex lines or on the street or in hustler bars like Rounds. But none of the stories told ever resulted in the record of the court system. There was always too much that would need to be explained.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

In New Filing, Philadelphia Art Museum Accuses Ex-Director Sasha Suda of Theft

New Report Finds That Museums Are Spending Fraction of What They Should on Marketing

Amid Controversy, Philadelphia Art Museum Names Former Met Museum CEO as New Director

Dorothy Vogel, Humble Collector of Minimalist and Conceptual Art, Dies at 90

A 12-Foot-Wide Martin Wong Painting, Unseen for Nearly Four Decades, Will Be Unveiled at Art Basel Miami Beach

In New Documentary, Artist Marilyn Minter Overcomes the Burden of Shame in the Art World

25 Native American Artists to Know

Final fraud suspect in vast Norval Morrisseau forgery operation found guilty – The Art Newspaper

A $2 M. ‘Unicorn’ Lynne Drexler Painting Sets a New Record at Christie’s

Recent Posts
  • Andrew Jefford Investigates: Is Germany truly the new ‘Pinot Paradise’ for wine Lovers?
  • In New Filing, Philadelphia Art Museum Accuses Ex-Director Sasha Suda of Theft
  • AST SpaceMobile and Starlink may prove friend, not foe, to these wireless stocks
  • These under-the-radar chip stocks could deliver rapid sales growth for the next 2 years
  • Trump’s new senior bonus can be a valuable retirement-savings tool — and help you save on taxes

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

In New Filing, Philadelphia Art Museum Accuses Ex-Director Sasha Suda of Theft

November 22, 2025

AST SpaceMobile and Starlink may prove friend, not foe, to these wireless stocks

November 22, 2025

These under-the-radar chip stocks could deliver rapid sales growth for the next 2 years

November 22, 2025

Trump’s new senior bonus can be a valuable retirement-savings tool — and help you save on taxes

November 22, 2025

Why bitcoin’s brutal drop from an October record high is now a crucial barometer for the broader market

November 22, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.