German police seize fake artworks
German police say they’ve arrested an art dealer and two other people in a worldwide art forgery ring, seizing 1,000 fake works.
Authorities in southwestern Germany say they uncovered more than 1,000 phoney Alberto Giacometti bronzes and sculptures. Giacometti is an Italian artist known for his skeletal figures often featured in a walking stance.
Police arrested a 61-year-old art dealer and his wife as well as a 59-year-old man from Frankfurt.
They face charges of collaborating to sell the fake works on the international market.
Officials say the trio has been at it since 2004.
According to prosecutors, the art dealer posed as a count and the man from Frankfurt would pretend to be a friend of Giacometti’s brother, claiming to have found a secret cache of art works after the artist’s death in 1966.
Giacometti’s pieces are worth millions. Earlier this year, Giacometti’s bronze of his brother,Bust of Diego, sold at a New York auction for $7.7 million US.