The China Mail - FBI seizes Basquiat paintings amid doubts over authenticity

USD -
AED 3.673049
AFN 64.502307
ALL 80.999854
AMD 377.510038
ANG 1.79008
AOA 916.999872
ARS 1404.502223
AUD 1.401925
AWG 1.8
AZN 1.701691
BAM 1.642722
BBD 2.014547
BDT 122.351617
BGN 1.67937
BHD 0.376984
BIF 2955
BMD 1
BND 1.262741
BOB 6.911728
BRL 5.199598
BSD 1.000176
BTN 90.647035
BWP 13.104482
BYN 2.868926
BYR 19600
BZD 2.011608
CAD 1.355915
CDF 2225.000142
CHF 0.769895
CLF 0.021648
CLP 854.803684
CNY 6.91325
CNH 6.90889
COP 3672.83
CRC 494.712705
CUC 1
CUP 26.5
CVE 92.899369
CZK 20.41165
DJF 177.72007
DKK 6.28765
DOP 62.624975
DZD 129.532956
EGP 46.773897
ERN 15
ETB 155.35043
EUR 0.841479
FJD 2.18395
FKP 0.731875
GBP 0.732625
GEL 2.690035
GGP 0.731875
GHS 11.000154
GIP 0.731875
GMD 73.999988
GNF 8774.999872
GTQ 7.671019
GYD 209.257595
HKD 7.81735
HNL 26.515054
HRK 6.339398
HTG 131.086819
HUF 319.339026
IDR 16789
ILS 3.077095
IMP 0.731875
INR 90.68435
IQD 1310.5
IRR 42125.000158
ISK 122.179971
JEP 0.731875
JMD 156.494496
JOD 0.708969
JPY 152.91899
KES 128.999836
KGS 87.449774
KHR 4029.999935
KMF 414.402826
KPW 899.999067
KRW 1444.73992
KWD 0.30685
KYD 0.83354
KZT 493.505294
LAK 21474.999899
LBP 85549.999692
LKR 309.394121
LRD 186.625007
LSL 15.959764
LTL 2.95274
LVL 0.60489
LYD 6.295038
MAD 9.116981
MDL 16.898415
MGA 4436.000038
MKD 51.834101
MMK 2099.913606
MNT 3568.190929
MOP 8.053234
MRU 39.905864
MUR 45.679866
MVR 15.449857
MWK 1736.000379
MXN 17.19915
MYR 3.915031
MZN 63.942625
NAD 15.959777
NGN 1351.75941
NIO 36.719984
NOK 9.472815
NPR 145.034815
NZD 1.65094
OMR 0.384507
PAB 1.000181
PEN 3.357498
PGK 4.285011
PHP 58.271971
PKR 279.749752
PLN 3.54825
PYG 6605.156289
QAR 3.64125
RON 4.280186
RSD 98.754039
RUB 77.100352
RWF 1454
SAR 3.750405
SBD 8.058149
SCR 14.11527
SDG 601.497015
SEK 8.882715
SGD 1.261295
SHP 0.750259
SLE 24.350471
SLL 20969.499267
SOS 571.500677
SRD 37.777062
STD 20697.981008
STN 20.9
SVC 8.752
SYP 11059.574895
SZL 15.959698
THB 31.053002
TJS 9.391982
TMT 3.51
TND 2.845977
TOP 2.40776
TRY 43.6333
TTD 6.783192
TWD 31.344803
TZS 2590.154021
UAH 43.034895
UGX 3536.076803
UYU 38.350895
UZS 12305.000194
VES 384.79041
VND 26000
VUV 119.366255
WST 2.707053
XAF 550.953523
XAG 0.011886
XAU 0.000197
XCD 2.70255
XCG 1.802643
XDR 0.685659
XOF 550.503104
XPF 100.67497
YER 238.325029
ZAR 15.87164
ZMK 9001.198967
ZMW 19.029301
ZWL 321.999592
  • BCC

    -0.3200

    89.41

    -0.36%

  • CMSD

    0.0400

    24.12

    +0.17%

  • CMSC

    -0.0016

    23.69

    -0.01%

  • NGG

    1.8900

    90.65

    +2.08%

  • GSK

    -0.3100

    58.51

    -0.53%

  • JRI

    0.3300

    13.11

    +2.52%

  • RIO

    2.2500

    99.49

    +2.26%

  • BCE

    -0.1850

    25.645

    -0.72%

  • RYCEF

    -0.4800

    16.93

    -2.84%

  • AZN

    10.9630

    204.363

    +5.36%

  • BTI

    0.1400

    60.33

    +0.23%

  • RELX

    -1.5900

    27.7

    -5.74%

  • BP

    1.5550

    38.525

    +4.04%

  • VOD

    0.4300

    15.68

    +2.74%

  • RBGPF

    0.1000

    82.5

    +0.12%

FBI seizes Basquiat paintings amid doubts over authenticity
FBI seizes Basquiat paintings amid doubts over authenticity / Photo: © AFP

FBI seizes Basquiat paintings amid doubts over authenticity

FBI agents seized all 25 works at a Jean-Michel Basquiat exhibit in Florida amid questions about their authenticity, the museum which was showing them said Saturday.

Text size:

The Orlando Museum of Art said it had complied with a request for access to works at the show called "Heroes and Monsters: Jean-Michel Basquiat" and that the paintings are now in the hands of the Federal Bureau of Investigation.

"It is important to note that we still have not been led to believe the Museum has been or is the subject of any investigation," museum spokeswoman Emilia Bourmas-Fry said in an email sent to AFP.

The exhibit had been due to close June 30. The museum said it would keep cooperating. The FBI did not immediately reply to AFP's request for comment.

The paintings were done on scavenged pieces of cardboard and were largely unseen until this exhibit began in February, The New York Times reported in a story on Friday's confiscation of the works.

The Times said that it had learned last month that one of the works was painted on the back of a shipping box that bore instructions to "Align top of FedEx Shipping Label here."

But the instructions were in a typeface that was not used until 1994, six years after the artist died, the paper said, quoting a designer who worked for Federal Express.

The FBI seized the paintings with a warrant based on a 41-page affidavit that said the agency's probe had unearthed "false information related to the alleged prior ownership of the paintings," the Times said.

The probe also revealed "attempts to sell the paintings using false provenance, and bank records show possible solicitation of investment in artwork that is not authentic."

The owners of the works as well as the director of the museum, Aaron De Groft, say Basquiat made these paintings in 1982 and sold them to a now deceased television screenwriter named Thad Mumford for $5,000, the Times said. They said Mumford put them in a storage unit and apparently forgot about them for 30 years.

But in the affidavit related to the search warrant, FBI special agent Elizabeth Rivas states that she interviewed Mumford in 2014 and learned that "Mumford never purchased Basquiat artwork and was unaware of any Basquiat artwork being in his storage locker," the Times said.

If authentic the paintings would be worth around $100 million, it added, quoting art experts.

Q.Yam--ThChM