The biggest art fraudster in US HISTORY is out of jail

Рет қаралды 12,973

Күн бұрын

Inigo Philbrick was once destined to be the greatest art dealer of his generation. As the art market slowed, he got himself into trouble. And now he me be poised to do it again.
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Пікірлер: 54

@alpotap 3 ай бұрын

Those freeports are prisons for art. It they would become illegal art appreciators would be so glad

@christopherwestpresents 3 ай бұрын

That is so true. Imagine ALL the things we’re not seeing.

@DragonNo1 3 ай бұрын

For what I've read about Inigo, he's a sociopath.

@christopherwestpresents 3 ай бұрын

That certainly seems to be the case.

@WillN2Go1 3 ай бұрын

I was 'around' a painting that had five different parties that thought they each owned it, or could take possession to sell it. The guy who bought it, the guy who claimed it was in his storage, a couple of banks and another dealer. Some how the guy who claimed it was in his storage ended up selling it. I got the story because as a photographer with a possible link to it everyone asked me if I had transparencies of it. I never actually got to see it. In the 1980s I worked for an art dealer in Los Angeles named Doug ...... Endless accusations, legal troubles. He was arrested. In the last several years he's been in more trouble. The thing is Doug is, or was, brilliant. Ever hear of Larry Gagosian? Of course. When I was shooting and consulting artists in Venice California, many of them on Market Street, 'Larry' as he was called by our group, lived on Market St. I never met him. If I had to tell the biography of Gagosian in a single sentence it would be: "Larry Gagosian understood just how brilliant Doug ....... was, and that if Doug could only stay out of hot water he'd have a brilliant career, change art in endless positive ways." Gagosian might disagree with this statement, but maybe he wouldn't. He's certainly contributed immensely to contemporary art, and gone so much further than did Doug. He did what Doug was doing in such a way he could do more and more of it. Kudos. Doug did accomplish a lot, could've done a lot more. Here's the thing about dodgy people in "The Art Business" - they are all cheap, horrible, boring, mean people -- except for Doug. I still wouldn't trust him. Doug had imagination. It was fun working for him, but what a roller coaster ride. Most of the crooks in 'The Art Business' have imagination only in what lies they are going to tell you. Stay far away from them. They are a complete waste of time. They will not advance your career, don't go anywhere near them. I've seen many poorly made fake Jackson Pollocks. The thing is, it's not that hard to make much better 'Pollock like' paintings. The people that make and deal in these fakes don't seem to have the imagination, the skill, or ability to do more than tell shallow lies, even in paint, and then chisel everybody. I once photographed an obviously fake Pollock and then called the client demanding payment before I would send the transparencies. She told me, "Send me the photos, send him (someone else) the bill." Guess what he said when I called him. (As a photographer I'm not 'qualified' to say 'that's a fake I'm not going to shoot it.' I've been in rooms listening to people trying to convince themselves of something.) I didn't waste another minute. Here're are some warning signs: Cavalier promises to take your art for sale with payment in 30 or 60 days. (Before consigning anything, ask around. Everyone knows about the deadbeats. During a conversation with another art documentation photographer, my competitor, we realized we both knew and worked for --only once - all the deadbeats. Our steady clients? Neither of us had ever worked for the other guy's.) If you are buying art, especially at the lower end. As soon as the dealer starts talking about 'investment quality,' walk away. There is no investment in low end art. If you buy an S&P fund you won't have to pay 50% to a dealer when you cash it out, you will for art. Buy $10k in a fund, next week you can get your $10 back, with art you can only get $5k back -- and only if there's a buyer. Buy what you like at a price you can afford. Never think of art as your retirement fund. I have some good pieces by known artists, the values haven't gone up much in decades. Doesn't matter. Works from my friends aren't going anywhere. When I would photograph at the blue chip world class art exhibitions -- no one talked about 'investment.' At the low end prints and poster show? I heard that more times than "I like the colors." And reassuringly I saw a lot of people just turn on their heels and walk away. If anyone lies to you. Do you think they'll lie to you again? Walk away. You don't have to explain anything to them. Liars, sociopaths, con artists are a complete waste of time. And the major auction houses have all done some very dodgy things. Be wary.

@christopherwestpresents 3 ай бұрын

Such great stories. And great advice!

@eewilson9835 2 ай бұрын

Neat details, and this happened then, its skyrocketing now, san francisco is diagnosing people early alshiemers and getting great legal reps to crack down on sales for things people do not want, fringe help, but some light.

@zptaco 2 ай бұрын

Thanks for putting together such an interesting story in video format!

@christopherwestpresents 2 ай бұрын

So glad you liked it! And thanks so much for the comment!

@star_wars_miniatures 3 ай бұрын

On this theme you could do a video on John Myatt. His phenomenal story of painting fake masterpieces is quite interesting

@christopherwestpresents 3 ай бұрын

This is a great idea! I’ll put an art forger on the list.

@Nashvillain10SE 3 ай бұрын

Wow! Very interesting story. I will keep my ears open to see how this plays out. Thank you!

@christopherwestpresents 3 ай бұрын

I keep trying to reply and YT is having issues! But I’ll be sure to stay on top of the story!

@eewilson9835 2 ай бұрын

First name Color, last name Actionsolid, I'm Color Actionsolid and I'm the most honest art game person that you can trust to ethically source funds for a curated palace of your dreams, what is you pin?

@christopherwestpresents 2 ай бұрын

Hahaha. That’s hilarious!

@alexhudsonq 3 ай бұрын

Was wondering when Kenny would get a mention. Didn't disappoint... Ooof (sub'd)

@christopherwestpresents 3 ай бұрын

Thank you! Kenny is the best.

@sustomusickillsyoutube 2 ай бұрын

It would have been more likely to succeed if they had done the entire building, instead of just the base. But regardless, that building is, imo, an example of the corporate-type brutalism that gives the movement a bad name. There's so much incredibly interesting brutalism, really interesting and futuristic, artistic designs.

@christopherwestpresents 2 ай бұрын

I agree. Some of the old Soviet block brutalism is more interesting.

@wagstaffe7 3 ай бұрын

Thanks!

@christopherwestpresents 3 ай бұрын

Always happy to help!

@AbstractMedicine888 3 ай бұрын

Unfortunately this happens a lot in the art world. I am an artist in secondary market (Fischetti is my name). The art world is ridden with illegal activity in the US and in the UK. Artists also get to be compensated after every sale. The business needs to change it is also a very small world so most people know what is going on. My podcast HYPE A-we speak about this and more. x

@christopherwestpresents 3 ай бұрын

Thanks for this. I’ll check it out. And thanks so much for watching and the comment!

@eewilson9835 2 ай бұрын

The Universities a pumping out Masters level graduates that are desperate to stop the fakes, but they play a beggers role, begging for money in a larger "safer" dimes and dollars for the museum role.

@jamesduncan578 3 ай бұрын

I see a movie coming, but based on the history I'm not going to be invested.

@christopherwestpresents 3 ай бұрын

Movie coming for sure! I actually think the BBC just said they are doing something this summer.

@5aturnia 3 ай бұрын

I see what you did there

@joeson7700 3 ай бұрын

He's back so does KNOEDLER Gallery ?

@christopherwestpresents 3 ай бұрын

Ann Friedman is apparently still trying to run a gallery, speaking of Knoedler.

@magnumbrown 2 ай бұрын

the "Q" in Basquiat is silent. just FYI

@christopherwestpresents 2 ай бұрын

Thanks!

@nordicvolkan 3 ай бұрын

For normies like us would you ever advise invest in "Fractional art ownership " meaning buying shares of them now & sell later ? it looks to me this fraudster was kind of doing Fractional art ownership but with promise buyers will own the artwork. Thanks for sharing

@christopherwestpresents 3 ай бұрын

Are you talking about a company like Masterworks? I think all art investing has risk, but they are probably doing it the right way. From what I understand they individually register each piece and are pretty transparent. And if it gets more people involved in art, than that is good too.