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TexasTowelie

(111,944 posts)
Wed Jul 15, 2020, 11:46 PM Jul 2020

California man sentenced in $6M modern art fraud scheme

LOS ANGELES (AP) — A Southern California man who authorities say tried to sell $6 million worth of phony paintings he claimed were created by Andy Warhol, Jean-Michel Basquiat and other modern masters was sentenced Wednesday to five years in federal prison.

Philip Righter, 43, of West Hollywood was sentenced in a federal court in Miami after pleading guilty to wire fraud, aggravated identity theft and tax fraud, the U.S. attorney's office said.

Righter was given 60 months in prison in a case that was filed in Los Angeles. The judge also handed down a five-year sentence in a Florida case in which Righter acknowledged trying to sell forgeries to the owner of a Miami art gallery.

Both sentences will be served at the same time.

In a plea agreement, Righter acknowledged trying to sell counterfeit art that he claimed was genuine and using some fakes for income tax write-offs or as collateral for loans he never repaid.

Read more: https://roanoke.com/news/national/california-man-sentenced-in-6m-modern-art-fraud-scheme/article_0d9eb852-9e52-5b7f-a279-ba0709f72731.html

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California man sentenced in $6M modern art fraud scheme (Original Post) TexasTowelie Jul 2020 OP
That's no Basquiat on the left, but this guy knew his market. appalachiablue Jul 2020 #1

appalachiablue

(41,103 posts)
1. That's no Basquiat on the left, but this guy knew his market.
Wed Jul 15, 2020, 11:58 PM
Jul 2020

Met Warhol briefly at a gallery where he had an exhibit and I worked. He barked at me about what comment I wanted him to write on a publication I bought. At the time it was a little surprising, but funny later.

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