Blog Subscription via Follow.it

February 19, 2017

Eric Spoutz sentenced Thursday to 41 months in prison for selling fake works

Linkedin ScreenCapture: 19 February 2017
Charged with a single count of wire fraud and facing 20 years in prison, well-known Michigan art dealer Eric Ian Hornak Spoutz, a/k/a “Robert Chad Smith,” a/k/a “John Goodman,” a/k/a “James Sinclair,” has been sentenced instead to 41 months incarceration.  Once released from prison, he will be required to undergo three years supervised release and has been ordered forfeit $1.45 million in ill-gotten gains and to pay restitution in the amount of $154,100.

Spoutz, who once advised private collectors, businesses, and museums on acquisitions, was convicted for the alleged sale of dozens of forged artworks between 2003 and March 2015, purported to be the works of renowned postwar American painters renown for being at the center of the avant-garde.

Under the guise of one of several false identities, the dealer provided fake provenance, which he then used to convince the purchasers that he had inherited or purchased dozens of authentic works by influential Abstract Expressionism artists like Willem de Kooning, Franz Kline and Joan Mitchell.

Spoutz offered works attributed to (clockwise from top left)
American artists Arthur Dove, Willem de Kooning, Joan Mitchell, and Franz Kline.
Despite his efforts to create false histories for the forged artworks, investigators working on the case identified multiple inconsistencies and errors in the forged provenance records which eventually proved the evidentiary basis of his conviction.

During the court proceedings Assistant U.S. Attorney Andrew Adams said “Spoutz falsified a complex series of seemingly original documentation of each piece’s provenance: bills of sale, letters from art dealers, correspondence from prior owner’s estates, etc.,” ...... “His research and care in the preparation of letterhead and stationary from these figures – including falsified letters dated from the 1950s through the 1990s – required an intense commitment to deception.”

For more information on the fraudster's scheme please see the reporting by Special Agent Christopher McKeogh from the FBI’s Art Crime Team's New York Field Office.



0 comments: