Driven to Abstraction: the inside story of a $60m art forgery hoax

Discuss two films from Welles' Oja Kodar/Gary Graver period
Steve Paradis
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Posts: 67
Joined: Sat Sep 21, 2019 11:27 pm

Driven to Abstraction: the inside story of a $60m art forgery hoax

Postby Steve Paradis » Fri Aug 28, 2020 7:42 pm

https://www.theguardian.com/film/2020/a ... rgery-hoax
For 15 years, one of New York’s most prestigious art galleries sold forged paintings – a new film explores how the art world fell for it
Elmyr? Is that one of yours?

Wellesnet
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Re: Driven to Abstraction: the inside story of a $60m art forgery hoax

Postby Wellesnet » Thu Sep 03, 2020 3:26 pm

Another interesting angle...

Fake It Until You Make It: The Role of Art Forgeries in Money Laundering:
https://www.redflagalert.com/articles/c ... laundering
It is estimated that up to 40 percent of all art in circulation is fake – that’s in a global art market which was estimated to be worth £49.8 billion in 2018.

Art is attractive to criminals because the industry is unregulated; this is despite the fact that millions of pounds could change hands in one transaction, which makes it hard for authorities to prove that a work is genuine or trace a transaction back to an individual.

The art world is viewed as an easy target for criminal gangs seeking to legitimise illegal wealth.


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