NY woman pleads guilty to hawking fake Pollocks, Rothkos
NEW YORK CITY (AFP) - An art dealer acknowledged Monday in New York that for nearly 15 years she sold counterfeit paintings to two of the city's top galleries, which earned more than US$80 million (S$101 million) for them.
Glafira Rosales, 57, pleaded guilty before a federal judge in a court saga that has played out for nearly two years.
Between 1994 and 2009, Rosales sold 63 previously unknown works that she claimed were by such artists as Jackson Pollock, Mark Rothko, Robert Motherwell, Franz Kline, Willem de Kooning, Barnett Newman and Sam Francis, according to the indictment.
The works were sold for US$33.2 million to two prestigious New York galleries that were not named in the indictment, although one was stated as having closed in 2011.