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John Myatt, (born 1945), is a British artist convicted of art forgery who, with John Drewe, perpetrated what has been described as "the biggest art fraud of the 20th century". [1] After his conviction, Myatt was able to continue profiting from his forgery career through his creation of "genuine fakes".
This type of fraud is meant to mislead by creating a false provenance, or origin, of the object in order to enhance its value or prestige at the expense of the buyer. As a legal offense, it is not just the act of imitating a famous artist's key characteristics in a piece of art, but the deliberate financial intent by the forger. [1]
Inigo August Philbrick (born April 23, 1987) is an American former art dealer and convicted fraud. According to the FBI, Philbrick committed the largest art fraud in American history. He was convicted of wire fraud in May 2022 and was sentenced to seven years in prison and was ordered to forfeit $86.7 million. [3]
The National Center for Disaster Fraud has received more than 220,000 complaints of fraud since its founding in 2005. FEMA has an entire office dedicated to detecting fraud and provides a web page ...
Joseph Tusia seemed to be running a legitimate business, hiring paraplegic employees. But prosecutors say he was scheming to defraud Anthem Blue Cross.
With a financial scam, the con artist may tell the victim that the "window of opportunity" to make a large investment in the scheme is about to suddenly close forever. The in-and-in A conspirator (in on the con, but assumes the role of an interested bystander) puts an amount of money into the same scheme as the victim, to add an appearance of ...
The Federal Trade Commission said fraud artists used social media platforms like Instagram, Facebook, WhatsApp and Telegram to scam about $770 million from Investment scammers on social media ran ...
Charles Ponzi (1882–1949): Italian swindler and con artist; "Ponzi scheme" is a type of fraud named after him. [14] Soapy Smith (1860–1898): American con artist and gangster in Denver and Creede, Colorado and Skagway, Alaska, in the 1880s and 1890s [15]