The Art Newspaper: "Philip Righter, 43, pleaded guilty to three felony charges—wire fraud, aggravated identity theft and tax fraud—in a case filed in Los Angeles. He admitted to selling works he falsely claimed were created by artists such as Andy Warhol, Jean-Michel Basquiat, Keith Haring, Kurt Schwitters and Roy Lichtenstein. According to a statement from the US Attorney’s office, Righter also admitted to using the fake art as collateral for loans on which he later defaulted ...."
Previously mentioned here.
