Buyers who obrtained fake artwork from a Madison dealer will receive full restitution after being tricked into spending thousands of dollars on works purported to be by Pablo Picasso, Marc Chagall and other masters, the U.S. Court of Appeals for the Second Circuit has ruled.

David Crespo, who formerly owned the Brandon Gallery in Madison, was sentenced to almost five years in prison in early 2015 following an undercover sting operation conducted after federal authorities came to believe he was selling fake artwork on eBay. The investigation, which started in 2009, was launched after a customer went to the local police department to complain about being sold a fake.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]