Pennsylvania man sentenced to prison for fraud scheme involving forged works by Picasso, Basquiat and Warhol
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Pennsylvania man sentenced to prison for fraud scheme involving forged works by Picasso, Basquiat and Warhol
"A man in Pennsylvania has been sentenced to 60 days in prison for selling forged works that he falsely claimed were by Francis Bacon, Jean-Michel Basquiat, Pablo Picasso, Andy Warhol and other blue-chip artists. Carter Reese pleaded guilty in May to one count of wire fraud and one count of mail fraud, admitting that between February 2019 and March 2021, he knowingly sold and attempted to sell counterfeit works."
"Prosecutors said he misrepresented the pieces as genuine works by Bacon, Basquiat, Jean Cocteau, Keith Haring, Fernand Léger, Roy Lichtenstein, Joan Miró, Picasso and Warhol. He would tell prospective buyers that he had acquired the works from other collectors or from someone named "Ken James", an alias for his Chicago-based supplier-a man who had been convicted of selling more than $1m of counterfeit art."
A Pennsylvania man, Carter Reese, pleaded guilty to wire and mail fraud for selling forged artworks falsely attributed to major artists. He admitted selling or attempting to sell counterfeit works between February 2019 and March 2021. The court sentenced him to 60 days in prison, two years supervised release including four months home detention, a $50,000 fine and $186,125 restitution. Prosecutors said he misrepresented pieces as genuine and used an alias-supplied provenance from "Ken James", linked to a convicted Chicago supplier. The FBI's Art Crime Team investigated. Reese previously worked at Hill School and co-founded an educational consultancy.
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