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Father Daughter Counterfeiting Duo Face Twenty Years in Prison

A father-daughter duo from New Jersey, Erwin Bankowski (50) and Karolina Bankowska (26), pleaded guilty to creating and selling over 200 counterfeit artworks falsely attributed to artists including Andy Warhol, Pablo Picasso, Fritz Scholder, and Banksy. They admitted to wire fraud conspiracy and misrepresentation of Native American-produced goods, defrauding buyers out of at least $2 million. The pair fabricated provenances and collection histories, forged gallery stamps, and attempted to auction the works for up to $160,000 each. They each face up to 20 years in prison.

Taylor Swift's former neighbour pleads guilty to selling fake Basquiat, Warhol and Picasso works

Carter Reese, a 77-year-old Pennsylvania man and former neighbor of Taylor Swift, has pleaded guilty to wire fraud and mail fraud for selling forged artworks by Francis Bacon, Keith Haring, Jean Cocteau, Andy Warhol, Roy Lichtenstein, Pablo Picasso, and Jean-Michel Basquiat between February 2019 and March 2021. Reese misled buyers with false affidavits and signatures, claiming the forgeries came directly from the artists or from a deceased collector and a supplier using the alias "Ken James," who was later convicted of selling counterfeit art. Reese faces up to 40 years in prison, with sentencing set for September 12.