Thursday, November 21, 2013 -
credit fraud,fakes and forgeries,Glafira Rosales,Knoedler & Company,money laundering
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Knoedler & Company and Julian Weissman: Milton Esterow, Editor and Publisher of ARTnews, on "Fakers, Fakes & Fake Fakers" and the Glafira Rosales Art Fraud Case
In publisher Milton Esterow's article "Fakers, Fakes and Fake Fakers" in ARTNews, he focuses on art forgery and 'well-known forgers reveal the creative methods they use to copy the masters: David Stein (died 1999) who turned out Marc Chagalls; Eric Hebborn (murdered in Rome in 1996) who forged and misattributed to give the art experts something to discover; Leo Stevenson a 'London copyist' who has made copies for the British Foreign & Commonwealth Office; and Elmyr de Hory (suicide in 1976) the subject of Clifford Irving's biography Fake!.
In July, 2013, "Long Island Art Dealer Indicted in Massive Art Fraud, Money Laundering, and Tax Scheme"; and
In September 2013, "Art Dealer Pleads Guilty in Manhattan Federal Court to $80 million Fake Art Scam, Money Laundering, and Tax Charges".
Art forgery has been a hot topic lately since the disclosure that Pei-Shen Qian, a 73-year-old immigrant from China, working out of his home in Queens, reportedly created at least 63 drawings and paintings by Jackson Pollock, Robert Motherwell, Barnett Newman, Franz Kline, and Richard Diebenkorn.
The works were sold or consigned by Glafira Rosales, a dealer of Sands Point, New York, to two Manhattan dealers, Knoedler & Company, which closed in 2011, and Julian Weissman. Over a period of 15 years, the works were sold to collectors for about $80 million. Knoedler, its former president Ann Freedman, and Weissman have consistently stated that they were convinced that the works were authentic. Freedman says she showed the paintings to a number of experts, who confirmed the authenticity and quality of the works.
In May, 2013, "Manhattan US Attorney Charges Art Dealer with Hiding Millions of Dollars in Income from Fraudulent Sales of Artwork";The case against Rosales is known as United States of America v. Glafira Rosales, a/k/a “Glafira Gonzalez,” a/k/a “Glafira Rosales Rojas,” defendant. She pleaded guilty in September to charges of wire fraud, money laundering, and tax evasion. As we went to press, no one else had been charged in the case, but Assistant United States Attorney Jason P. Hernandez indicated that additional arrests were contemplated.
In July, 2013, "Long Island Art Dealer Indicted in Massive Art Fraud, Money Laundering, and Tax Scheme"; and
In September 2013, "Art Dealer Pleads Guilty in Manhattan Federal Court to $80 million Fake Art Scam, Money Laundering, and Tax Charges".
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