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An East Hampton man accused of selling dozens of fake paintings and sketches purported to be by famous artists, and using some of the money to buy a submarine, pleaded guilty in federal court on Monday to one count of wire fraud.

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. For nine years beginning in 2005, Mr. Re tricked art collectors by creating a false provenance, the document that shows the history of a piece of art, prosecutors said. He bought the submarine, which he called the Deep Quest, with the proceeds from a fake Pollock painting, they said.

Published in News
Tuesday, 18 June 2013 18:47

Swiss Website to Track Nazi-Looted Art

The Swiss government has launched a website that will help claimants, museums, and researchers track Nazi-looted artworks that have made their way to Switzerland. Switzerland became a hub for Nazi plundered artworks following World War II. The country was a popular place for Jewish art dealers who were fleeing the Nazis and many Swiss museums, collectors and dealers acquired works stolen from the Jews by the Nazis.

The new site will provide visitors with guidance on provenance research, links to relevant databases and archives, and details on Swiss museums’ own analyses of their collections. Switzerland is one of 44 countries that sanctioned the Washington Principles on returning Nazi-looted art in public collections in 1998. Under the policy, governments agreed to find “just and fair” solutions for the victims of Nazi plundering and their heirs as well as to allocate resources to identifying looted art. In spite of Switzerland’s cooperation, it is still believed that there is a fair amount of Nazi-looted artworks in Swiss collections. Provenance research has only been conducted among a select few of the government museums, private collections, and foundations that have artworks from this tragic period.

Switzerland’s newly launched website for tracking Nazi-looted artworks is www.bak.admin.ch/rk.

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