A Michigan photography dealer has pled guilty to defrauding multiple collectors out of an estimated $1.5 million:
The gallerist also went to great lengths to avoid the clients she defrauded, such as by inventing fake employees and exaggerating her own health conditions, according to the U.S. Attorney’s Office.The Tetons and the Snake River, Grand Teton National Park
with Beard, who estimated the piece to be worth $625,000. She later told the owner that she couldn’t sell the print, then consigned it herself through a Wyoming-based gallery, where it sold for $440,000. When the collector asked for the print back, Beard claimed that she was suffering from pulmonary issues. An invented gallery employee named “Julie” later wrote that Beard had undergone lung transplant surgery.
That same year, the dealer sold a separate Adams print to a friend for $73,000. But after the piece went undelivered, and the buyer asked about it, Beard said she had been in a months-long coma. In an email to Artnet News, Beard’s lawyer, Steve Fishman, said that his client “acknowledged her wrongdoing by entering a guilty plea without requiring the government to obtain an indictment. She accepted responsibility for her conduct which is the first step toward rehabilitation.”, Beard acknowledged that she defrauded 10 clients and agreed to forfeit any property obtained through the scheme. Fishman noted that, while the U.S. Attorney’s Office estimated that her crimes added up to $1.
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