Fake Picasso anyone? Austrian police search for fraud victims

Reuters News
Posted: Sep 16, 2014 10:24 AM

VIENNA (Reuters) - Art lovers who suspect they might have bought forged Pablo Picasso paintings should contact the Austrian police, who are looking for victims of a Serbian art fraud gang.

The group operated out of a Viennese cafe, offering clients several fake Picassos, along with forged certificates of authenticity, police in the Austrian capital said on Tuesday.

They demanded 300,000 euros ($388,410) for one work.

The gang was arrested earlier this year, the police statement said, but it was not immediately clear how many people might have fallen for the counterfeits.

($1 = 0.7725 euro)

(Reporting By Shadia Nasralla; Editing by Crispian Balmer)