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Displaying items by tag: forged artworks

After vigorously fighting claims that they knowingly sold a string of fake Abstract Expressionist paintings totalling $60m, the now-defunct Knoedler Gallery and its former director Ann Freedman have quietly settled three of the ten lawsuits brought against them by angry buyers. The settlement terms were not disclosed.

Two of the cases against them, brought in Manhattan federal court, were closed this summer. The Manny Silverman and Richard Feigen galleries settled their suit last Tuesday, August 4.

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Detectives from the German Federal Criminal Police seized a trove of forged paintings; complete with forged provenance documents and receipts, as well as jewelery and other valuables in a coordinated raid across six German states last June - According to Der Hessische Rundfunk. Investigators into the illegal ring believe that the artworks were painted in forgery studios that were based in Russia and Israel and then shipped to Germany for sale. This information was obtained during two simultaneous raids in Switzerland and Israel.

Some 15 months after Police uncovered the international art forgery ring, German state prosecutors have officially charged two men with the crimes, "Der Spiegel" reported.

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