Identity theft charge for fake art dealer

A Los Angeles man faces federal prices for identity theft charge and artwork fraud after making an attempt to promote pretend paintings. The person bought work he claimed had been created by fashionable artists, together with Andy Warhol, Keith Haring, Roy Lichtenstein and Jean-Michel Basquiat.

In keeping with investigators, the person acquired pretend paintings, then cast certificates of authenticity. He bought embossers to make it seem as if the paintings was authenticated by the estates of the artists, all of whom are lifeless. The person bought one such portray in 2017 for $50,000 by means of an internet site dedicated to artwork gross sales. A few yr later, the work was positively decided to be pretend. The web site refunded the customer the complete buy quantity.

The person additionally used the pretend paintings as collateral for loans. After receiving the cash from lenders, he defaulted on the loans. When the lender tried to promote the work at public sale, the public sale home decided that the piece was a pretend.

In 2015, the person “donated” a pretend piece to a charity, then claimed a write-off on his taxes. The write-off allowed the person to gather an revenue tax refund of about $55,000. He additionally claimed that different paintings had been stolen from his dwelling, leading to extra tax write-offs.

He has agreed to plead responsible to fraud, aggravated identification theft and tax fraud. He may very well be sentenced to as a lot as 25 years in jail when he returns to courtroom for sentencing. He additionally faces an identical set of prices within the State of Florida. Identity theft charge

Federal identification theft legal professional : Identity theft charge

If you face prices of identification theft, rent an skilled identification theft lawyer like Robert Helfend. Mr. Helfend has 35 years of expertise in prison protection. He takes identification theft circumstances in any US District Court docket. He takes state-level circumstances in Los Angeles County and all through Southern California. Identity theft charge

Your greatest protection begins with an skilled, aggressive prison protection legal professional. Mr. Helfend manages each case personally, so you’ll all the time get pleasure from his expertise. Though federal prosecutors are aggressive, they’re not invincible. Don’t assume that your only option is a plea deal! Identity theft charge

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