In New York court docket in advance these days Vincent Lopreto became charged with selling $400,000 worth of faux Damien Hirst prints over two years. Lopreto, who previously served time in new york nation prison for promoting solid Hirst’s, pleaded no longer responsible. different guys, Marco Saverino and Paul Motta, have additionally been charged with the alleged scheme and are being held out of the country.
Lopreto was apprehended in New Orleans ultimate Wednesday, in line with The instances-Picayune. The arrest followed a sting operation by undercover NY cops, who purchased two of Lopreto’s allegedly faux Hirst prints, which authorities say he and the alternative defendants had been peddling for between $3,000 to $14,000 apiece. They declare that Lopreto has been advertising the “restrained version” prints online alongside fake certificates of authenticity and buy receipts.
“Vincent Lopreto is charged with resuming the identical scheme to knock off Damien Hirst artistic endeavors that sent him to jail just 15 days after being launched,” Long Island District legal professional Cyrus Vance, said inane assertion. He introduced that this case of fraud “went beyond simple imitation” because the defendants had deceived “a mess of consumers into buying counterfeit art that became falsely came about as proper.”
Lopreto’s legal professional, Sol Schwartzberg, declined to remark when you consider that he had just taken the case and was reviewing files. in keeping with DNA info, Lopreto may want to obtain a sentence of up to twenty years in jail if he is convicted.