FBI Investigating Alleged Art Fraud

October 19th, 2018

Antonio Marco, via Associated PressA fine art consultant in New York and an interior designer in Florida are facing charges of fraud after allegedly using an elderly woman’s identity to buy a Mark Rothko for $6.4 million and an Ad Reinhardt work for $1.16 million at Sotheby’s, AP reports. “Our discussions with the purchasers raised significant suspicion and concern for the elderly client they purported to represent and we felt it was necessary to contact the FBI,” Sotheby’s said in a emailed statement. “We are pleased that the appropriate action has been taken and the victim has been protected.”

Read more at Associated Press