California Woman Gets 7-Year Term for Fake Art Sales (Update1)

A California woman was sentenced to seven years in prison for selling fake artwork, including purported lithographs by Marc Chagall and Pablo Picasso, through television auctions that brought in more than $20 million.

Kristine Eubanks, 52, was sentenced yesterday in federal court in Los Angeles, said U.S. Attorney Andre Birotte Jr. in a statement today. She pleaded guilty three years ago. Her husband, Gerard Sullivan, 54, also pleaded guilty and faces as long as six year in prison at his sentencing on May 24, according to the statement.

Eubanks and Sullivan operated Fine Art Treasures Gallery through which, from 2002 through 2006, they held art auctions on Friday and Saturday nights on DirecTV and Dish Network. They told buyers the works came from estate liquidations. Eubanks confessed that they printed some of the fake works themselves and bought others from suppliers, according to the statement.

David Denis, Eubanks’s lawyer, didn’t immediately return a call to his office.

The case is U.S. v. Eubanks, 07-00154, U.S. District Court, Central District of California (Los Angeles).

To contact the reporter on this story: Edvard Pettersson in Los Angeles at epettersson@bloomberg.net.

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