Fancy Galleries, Fake Art

How two well-respected New York art galleries sold more than $80 million in fake art—and why almost no one ever was punished.

An illustration of a wall of gold-framed paintings in abstract bursts of orange and blue. However, inside of one frame, the eyes of a human figure behind the wall peers out to the left, as if on lookout. From another frame, that person’s left hand reaches out, holding an unfinished painting by its frame. From a third frame, that person’s hand uses a brush to paint on the canvas.

Illustration by Brian Britigan for Reveal

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily.

In the mid-’90s, two high-end New York art galleries began selling one fake painting after another—works in the style of Jackson Pollock, Andy Warhol, Mark Rothko, and others. It was the largest art fraud in modern US history, totaling more than $80 million. Our first story looks at how it happened and why almost no one ever was punished by authorities. 

Our second story revisits an investigation into a painting looted by the Nazis during World War II. More than half a century later, a journalist helped track it down through the Panama Papers. 

This is an update of an episode that originally aired in January 2020.

What’s independent journalism worth to you?

Our news will always be free to read, watch, and listen to online. But what is its value?

Unbiased reporting on the issues that billionaire-owned newsrooms won’t touch. Fearless research into the dark corners of government and corporations. Ferociously fact-checked news that focuses on the facts, and the facts alone.

It IS free for you and every reader, viewer, and listener to utilize. But it’s not free for our team to make. So, what’s it worth to you? Let us know by making a donation: Make a one-time donation today to support this work. Or make a monthly sustaining donation to help us plan for the future.

Whatever you choose, know that you’re supporting more independent, investigative journalism in a time when we need it most.

What’s independent journalism worth to you?

Our news will always be free to read, watch, and listen to online. But what is its value?

Unbiased reporting on the issues that billionaire-owned newsrooms won’t touch. Fearless research into the dark corners of government and corporations. Ferociously fact-checked news that focuses on the facts, and the facts alone.

It IS free for you and every reader, viewer, and listener to utilize. But it’s not free for our team to make. So, what’s it worth to you? Let us know by making a donation: Make a one-time donation today to support this work. Or make a monthly sustaining donation to help us plan for the future.

Whatever you choose, know that you’re supporting more independent, investigative journalism in a time when we need it most.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

INDEPENDENT. BECAUSE OF YOU.

Mother Jones has no billionaires calling the shots—just readers like you making fearless reporting possible

Donate