Dubai Telegraph - FBI seizes Basquiat paintings amid doubts over authenticity

EUR -
AED 4.381992
AFN 78.750894
ALL 96.772834
AMD 453.127673
ANG 2.135904
AOA 1094.155023
ARS 1723.006224
AUD 1.703048
AWG 2.147741
AZN 2.027312
BAM 1.958039
BBD 2.409237
BDT 146.15714
BGN 2.003807
BHD 0.449939
BIF 3543.827792
BMD 1.193189
BND 1.513334
BOB 8.264659
BRL 6.197065
BSD 1.196143
BTN 110.049154
BWP 15.598819
BYN 3.379033
BYR 23386.513916
BZD 2.405733
CAD 1.613288
CDF 2693.62495
CHF 0.916376
CLF 0.025958
CLP 1024.95004
CNY 8.290757
CNH 8.289248
COP 4358.721191
CRC 591.863639
CUC 1.193189
CUP 31.619521
CVE 110.393555
CZK 24.34441
DJF 213.004295
DKK 7.467153
DOP 75.15697
DZD 154.308073
EGP 56.001272
ERN 17.897842
ETB 185.122907
FJD 2.620781
FKP 0.864978
GBP 0.867162
GEL 3.215635
GGP 0.864978
GHS 13.067272
GIP 0.864978
GMD 87.697079
GNF 10497.500171
GTQ 9.177688
GYD 250.242459
HKD 9.315768
HNL 31.595737
HRK 7.533438
HTG 156.800337
HUF 381.275947
IDR 20028.222449
ILS 3.690338
IMP 0.864978
INR 109.703873
IQD 1563.674821
IRR 50263.107265
ISK 144.99605
JEP 0.864978
JMD 187.688003
JOD 0.845975
JPY 183.732053
KES 154.243589
KGS 104.344067
KHR 4800.801608
KMF 491.594467
KPW 1073.96939
KRW 1718.932363
KWD 0.365955
KYD 0.996727
KZT 600.839544
LAK 25677.437566
LBP 107117.524012
LKR 370.074058
LRD 221.3444
LSL 18.780413
LTL 3.523179
LVL 0.721749
LYD 7.487269
MAD 10.834074
MDL 20.11961
MGA 5321.625216
MKD 61.62671
MMK 2505.752956
MNT 4256.95142
MOP 9.615976
MRU 47.572579
MUR 54.20683
MVR 18.434798
MWK 2072.570214
MXN 20.625111
MYR 4.698727
MZN 76.065949
NAD 18.864464
NGN 1658.366152
NIO 43.187477
NOK 11.432366
NPR 176.101211
NZD 1.969586
OMR 0.458787
PAB 1.196098
PEN 3.989425
PGK 5.083586
PHP 70.333154
PKR 333.88428
PLN 4.210294
PYG 8026.784566
QAR 4.344522
RON 5.097187
RSD 117.389486
RUB 90.086234
RWF 1733.107728
SAR 4.475517
SBD 9.614842
SCR 16.593195
SDG 717.661496
SEK 10.535953
SGD 1.512051
SHP 0.895201
SLE 29.08404
SLL 25020.586042
SOS 681.867426
SRD 45.34538
STD 24696.61331
STN 24.609533
SVC 10.465837
SYP 13196.168479
SZL 18.855865
THB 37.48407
TJS 11.171609
TMT 4.188095
TND 3.373445
TOP 2.872914
TRY 51.903862
TTD 8.118318
TWD 37.534758
TZS 3072.463155
UAH 51.192889
UGX 4254.972804
USD 1.193189
UYU 45.262709
UZS 14550.945781
VES 437.717685
VND 30924.48849
VUV 142.715687
WST 3.23879
XAF 656.694211
XAG 0.011511
XAU 0.000235
XCD 3.224654
XCG 2.155638
XDR 0.816792
XOF 653.27021
XPF 119.331742
YER 284.461217
ZAR 19.03704
ZMK 10740.145808
ZMW 23.653834
ZWL 384.206528
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • CMSC

    0.0100

    23.71

    +0.04%

  • NGG

    0.3900

    85.07

    +0.46%

  • RYCEF

    -0.0700

    16.88

    -0.41%

  • RELX

    -1.2100

    36.17

    -3.35%

  • GSK

    0.5600

    50.66

    +1.11%

  • RIO

    1.7600

    95.13

    +1.85%

  • BCE

    0.2200

    25.49

    +0.86%

  • CMSD

    0.0392

    24.09

    +0.16%

  • BCC

    -0.5500

    80.3

    -0.68%

  • AZN

    -0.6300

    92.59

    -0.68%

  • JRI

    -0.0500

    12.94

    -0.39%

  • VOD

    0.1400

    14.71

    +0.95%

  • BTI

    0.0600

    60.22

    +0.1%

  • BP

    0.3400

    38.04

    +0.89%

FBI seizes Basquiat paintings amid doubts over authenticity
FBI seizes Basquiat paintings amid doubts over authenticity / Photo: Angela Weiss - 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.

Y.I.Hashem--DT