Posted By:
davidcyclebackHere's my question. Have the auctioneer and owners considered
the legal consequences if the item sells? If you sell
a painting for, say, $2 million and the item is soonafter shown
to be a fake, the least that will happen is you have to return
the $2 million. If you've already spent part of the $2 million, that's
tough sh*t. If you sell for $2 million a painting that you know
before sale to be a fake, you may be facing criminal charges.
My guess is that if someone buys this card for $500,000 and it is later
determined to be a fake, there's a good chance the buyer will go to
local police, District Attourney's office or similar law enforcement agency.