A district court in Düsseldorf ruled on Tuesday that German art adviser Helge Achenbach must pay €19.4 million in damages to the heirs of Aldi Supermarket heir Berthold Albrecht, the DPA reports. The ruling culminates a civil court case brought against Achenbach following allegations that he defrauded Albrecht of up to €23 million (see Fraud Claim Against Art Adviser). The art adviser is also part of a criminal trial, taking place in Essen. He has confessed to portions of the allegations (see Achenbach Gives Surprise Partial-Confession in Fraud Case and Achenbach Confesses to Yet More Fraud).
Meanwhile, German auction house Van Ham has won the rights to sell artworks still owned by the adviser's bankrupt company, Achenbach Art Consulting.
