Tuesday, December 02, 2014

"Seller of Art Fakes Pleads Guilty to Wire Fraud" (UPDATED)

"Prosecutors said the man, John Re, 54, claimed the pieces were by Jackson Pollock and Willem de Kooning, and caused about $2.5 million in losses to victims."  He faces up to 20 years in prison.

UPDATE:  Press release from the U.S. Attorney's office here.