A Loan-Scorned Socialite Reported Her Warhol Stolen. A Tempest Ensued.

It was not a theft, Hamptons police ruled, but acrimony erupted after a lender decided it could not arrange a loan, but would still need to sell a painting put up as collateral to cover its costs.

​It was not a theft, Hamptons police ruled, but acrimony erupted after a lender decided it could not arrange a loan, but would still need to sell a painting put up as collateral to cover its costs.