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French-Italian artwork seller arrested in Italy for promoting solid work of Outdated Masters

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The French-Italian artwork seller Giuliano Ruffini, wished by French authorities for having orchestrated a really elaborate community of solid work, was arrested on Friday by Italian police. 

Giuliano Ruffini, 77, is accused of getting tricked museums, public sale homes, and personal collectors by promoting them solid Outdated Masters work. 

Ruffini surrendered to police in Castelnovo ne’ Monti, a city within the Reggio Emilia area of central Italy, his lawyer stated in a press release.

Ruffini’s arrest got here after a years-long judicial marathon to safe his extradition to France after an investigation was opened in 2014 and a European arrest warrant was issued.

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Properly-known within the artwork world, Ruffini bought dozens of work because the Nineteen Nineties, together with works attributed to nice masters corresponding to El Greco to prestigious European museums, together with the Louvre in Paris, usually utilizing intermediaries.

His pretend work have additionally attracted rich consumers, such because the Prince of Liechtenstein, who acquired a solid art work for seven million euros.

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