New Jersey father-daughter admit guilt in $2M counterfeit-art scheme

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Source: Fox News
New Jersey father-daughter admit guilt in $2M counterfeit-art scheme
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TL;DR Summary

A New Jersey-based father and daughter pleaded guilty to wire fraud conspiracy and misrepresenting Native American–produced goods after selling more than 200 counterfeit artworks—including pieces attributed to Warhol, Picasso, Banksy and others—by fabricating provenance. The scheme defrauded victims of at least $2 million across galleries and auction houses in the U.S., and the pair faces up to 20 years in prison with restitution potentially up to $1.9 million.

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