"The artwork Rosales sold appears to be as fake as her story about the clients she claimed to represent."

I was out of town this week, but while I was away, the big news was that federal prosecutors charged Glafira Rosales, who is at the center of the Knoedler mess, with tax fraud.  The New York Times has all the details here.  The criminal complaint is here.  Excellent analysis at Jack Townsend's Federal Tax Crimes blog here.