Steve Martin Victim of Major Art Forgery Scandal
By Daniel Gates | 8:41 am, May 31st, 2011
Steve Martin was swindled in a major German art forgery scandal, a source close to the comedian confirms to Gossip Cop.
The actor-author-musician, who set his recent novel “An Object of Beauty” in the art world, purchased what he thought was a 1915 painting by Heinrich Campendonk called “Landscape With Horses” for approximately $850,000 in 2004.
When he attempted to resell the work 15 months later, Martin’s painting took a big loss, fetching only about $600,000.
It’s now believed that Martin’s faux “Campendonk” actually came from fabricated art collections created by a network of German swindlers apprehended in 2010, according to Spiegel.
The suspects are being investigated for selling dozens of expertly forged paintings to galleries, including the one where Martin purchased “Landscape With Horses.”
Investigators say the scammers claimed the paintings belonged to a collection hidden during the Nazi era.
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