"The counterfeits, which were forged in Poland by an unnamed co-conspirator, were often reproductions of lesser-known works by prominent and prolific artists, like Banksy and Andy Warhol."
"Their most profitable fake, purportedly by the artist Richard Mayhew, was sold by the auction house DuMouchelles last October for $160,000."
"The father and daughter - Polish citizens living in New Jersey - face charges of wire fraud conspiracy and misrepresenting Native American-produced goods."
"They face the possibility of more than three years in prison under federal guidelines, in addition to $1.9 million in restitution."
Robert Rogal received a painting from Karolina Bankowska, believing it to be a genuine Andrew Wyeth piece. He later learned it was a counterfeit among 200 forgeries created by Bankowska and her father, Erwin Bankowski. They defrauded victims, including major auction houses, out of at least $2 million. The forgeries included works by artists like Banksy and Andy Warhol. Both face charges of wire fraud conspiracy and misrepresenting Native American goods, with potential prison sentences exceeding three years.
Read at Fortune
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