CNN New Day With John Berman and Brianna Keilar June 4, 2024 11:50:00
Answer that question, talking to people in the art world. a few years ago, a noted swiss authentication expert raised eyebrows when he said 50% of the paintings circulated in the art world were bad. interestingly enough, it's the the late thomas hogan said 50%. i think it is lower than that. and the figure that i arrived at with an expert who is working in this field is probably in the upper teens to the mid-20 s. maybe one in five paintings in the art world are fakes because there is so much money to be made. art is a $60 billion industry a year. famous line from willy sutton, why do you rob ...