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Television Art Auctions Were Fraud

April 7, 2010 by Marion Maneker

The Associated Press proves that appearing on television is no guarantee of authenticity. Some LA art dealers who ran auctions on television just admitted to a $20 million fraud:

Kristine Eubanks, 52, of La Canada Flintridge pleaded guilty in 2007 to conspiracy and tax evasion and was sentenced Monday.

She and her husband, Gerald Sullivan, conducted an art auction show twice a week on DirecTV and The Dish Network from 2002 to 2006.

The couple ran Fine Art Treasures Gallery, which sold fake and forged lithographs, prints and paintings purportedly found at estate liquidations around the world to more than 10,000 victims, U.S. attorney’s spokesman Thom Mrozek said.

Woman Sentenced to 7 Years for Auctioning Fake Art (Associated Press)

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Filed Under: Fraud, Theft & Restitution

About Marion Maneker

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