Manhattan Art Dealer Pleads Guilty to $80 Million Fake Art Scam, Tax Fraud

LawFuel.com – Best Law Newswire – Preet Bharara, the United States Attorney for the Southern District of New York, announced that art dealer GLAFIRA ROSALES pled guilty today in Manhattan federal court to participating in a scheme to sell more than 60 fake works of modern art to two New York art galleries. 

Her victims paid more than $80 million for the fake works.  ROSALES also pled guilty to conspiracy to sell the fake works, conspiracy to commit money laundering, money laundering, and several tax crimes related to the fake art scheme.  ROSALES pled guilty before U.S. District Court Judge Katherine P. Failla.

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