Chinese artist ‘in elaborate $80 million New York art fraud’

On 20/08/2013 by Site Default

Pei-Shen Qian is said to have created the works for Glafira Rosales, a dealer who sold them to galleries as genuine newly-discovered masterpieces by modernists such as Jackson Pollock and Mark Rothko.

She has been charged with fraud and faces 34 years in jail if convicted.

“Glafira Rosales gave new meaning to the phrase ‘artful dodger’ by avoiding taxes on millions of dollars in income from dealing in fake artworks for fake clients,” Preet Bharara, Manhattan’s US attorney, said in a statement.

It is believed that Mr Qian, 73, began working for Ms Rosales after he was discovered selling his own art on the streets of Manhattan in the early 1990s by her boyfriend and business partner.

Ms Rosales allegedly sold his faked paintings for millions of dollars primarily through Knoedler & Company, at the time New York’s oldest gallery, claiming they were from an international collector…

http://www.telegraph.co.uk/culture/art/art-news/10250726/Chinese-artist-in-elaborate-80-million-New-York-art-fraud.html

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