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Art dealer charged with fraud related to Picassos
Feds: Conn. art dealer falsely claimed art he sold to customers was original pieces by Picasso
By The Associated Press

BRIDGEPORT, Conn. (AP) ' An art dealer has been arrested on federal charges that he defrauded his customers by falsely claiming the artworks he sold them were original pieces by Pablo Picasso.

The U.S. Attorney's Office said 57-year-old David Crespo of Guilford was charged with mail and wire fraud. Authorities say Crespo also created documents that falsely supported the provenance of the art, which he then provided to customers.

Crespo appeared in U.S. District Court in Bridgeport and was released on $50,000 bond. His attorney and wife declined to comment.

Crespo owned Brandon Gallery, which was raided in November 2010 by FBI agents who seized several pieces of art.

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