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Doubling the Value of Your Art

November 16, 2009 by Marion Maneker

Natasha Gagne is in trouble with her art insurer, her step-father and the police. It seems she sold a painting and forgot about it, then told her stepfather that it might have been stolen if it was missing:

According to police, Gagne took a rare and expensive Victor de Grailly painting displayed in Ford’s dining room. The house formerly belonged to Gagne’s mother, Natasha Ford, and was given to Gagne in her mother’s will, but Ford has the right to use it until he dies, the affidavit states.

She owned the painting, and the affidavit states she sold it at Sotheby’s auction in 2007, netting $17,250.

Two years later, in early 2009, she began to ask Ford about it, suggesting that it may have been stolen, and allegedly encouraged him to file an insurance claim with his homeowner’s insurance company, police have said.When confronted with evidence of the Sotheby’s sale, Gagne said she did not remember it.

The insurance claim, if approved, would have paid $50,000 to $60,000 to Gagne, police said.

Greenwich Woman Pleads Not Guilty in Alleged Art Fraud (Stamford Advocate)

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Filed Under: Fraud, Theft & Restitution

About Marion Maneker

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