Huge European fake art network uncovered in Italy

Investigation into a European fraud network leads to seizure of more than 2,000 fake artworks
Forgers made fake Warhols, Banksys and Picassos and tried to sell them to unsuspecting buyers with the help of complicit auction houses in Italy. Thirty-eight people were placed under investigation in an operation that may have dismantled a network that could have done 200 million euro ($212 million) in economic damage by flooding the art market with phony works.
European fake art network involving Banksys, Warhols, Modiglianis uncovered in Italy
Italian authorities say they have dismantled a network of European art forgers who made fake Warhols, Banksys and Picassos and then tried to sell them with the help of complicit auction houses.
Huge crime network forging Banksy, Warhol and Picasso uncovered in Italy
Investigators discovered six forgery workshops and seized more than 2,100 fake artworks with a potential market value of about $215 million.
Banksy forgeries: huge European fake art network uncovered in Italy
Italian police have uncovered a large-scale pan-European forgery network making and selling fake artworks attributed to some of the biggest names in modern and contemporary art including Banksy, Pablo Picasso and Andy Warhol.
Italian Police Bust a $215 Million European Art Forgery Network
The investigation so far spans Italy, Spain, France and Belgium, with suspects under investigation for conspiracy to handle stolen goods, forgery and illegal sale of artworks. News of the investigation was jointly announced by the paramilitary Carabinieri art squad and the Pisa prosecutors’ office and first reported by Reuters.
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