Friday, March 21, 2008

Counterfeit signed artist prints

"A ring of art counterfeiters has sold thousands of prints since 1999 bearing the forged signatures of Picasso, Miro, Dali and other famous artists to buyers around the world.

"Thousands of people will learn they ... bought a fake," said Chicago-based U.S. Attorney Patrick Fitzgerald, who announced indictments on Wednesday charging two Americans, a Spaniard from Barcelona, and two Italians from Milan and Monsummano with multiple counts of fraud."

...."Sale prices ranged up to $50,000 for counterfeit prints that came with forged artists' signatures and fake certificates of authenticity that were sold in galleries, at art shows and through Internet auction site eBay"

Reuters

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