Art dealer makes $80 million in scams; receives no prison time


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Tags: Artwork, Artwork Fakes, Artwork Rip-off, Artwork Theft, Crime, Glafira Rosales, Katherine Failla

NEW YORK (AP) – A New York artwork vendor who scammed the artwork world for 15 years with pretend work in an $eighty million fraud won’t go to jail.

Federal Decide Katherine Failla informed Glafira Rosales on Tuesday that her cooperation with the federal government and strong relationship together with her daughter helped earn her freedom. She ordered Rosales to spend 9 months in house detention.

The 60-yr-previous Sands Level, New York, lady pleaded responsible in 2013. The fraud duped artwork fanatics into shopping for counterfeits imitating well-known artists like Jackson Pollock and Willem de Kooning.

A prosecutor stated Rosales’s cooperation enabled the federal government to study precisely how the fraud was carried out, together with how the work have been created.

A protection lawyer stated Rosales’ former boyfriend abused her and compelled her to take part within the fraud.

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1/31/2017 6:fifty three:32 PM (GMT -5:00)

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