Appearing in federal court in Manhattan today, Glafira Rosales pled guilty to all nine counts, including wire fraud, filing false tax returns and money laundering, that she faced in connection with the ongoing investigation of the sale of forged works of art by the now-closed Knoedler gallery.
knoedler & co. gallery
Glafira Rosales, the Long Island-based art dealer who has been under investigation for allegedly selling counterfeit artworks by 20th-century masters including Pollock, de Kooning and Rothko through the now-defunct Knoedler & Company and other galleries, was arrested today and charged with filing false tax returns for the years 2006 through 2008 and deliberately failing to Read More
Domenico and Eleanore De Sole are suing the defunct Knoedler Gallery for $25 million, alleging that the gallery’s president Ann Freedman–who is also named as a defendant–conspired to sell them a fake Rothko. Mr. De Sole is the chairman of Tom Ford’s fashion firm. The FBI has already been investigating a number of allegedly forged paintings that were brought to market by a Long Island dealer and sold through Knoedler.
On November 30, when most of the art world was in Miami, the 165-year-old Knoedler gallery sent out a curt e-mail announcing abruptly that it was closing.
The gallery has closed its doors for good, but this story is far from over.
More details as they arise. Read More