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.