Last Updated: 4:07 AM, July 8, 2012
Busted! Spanish police have arrested four people trying to sell a fake Pablo Picasso painting for a cool $1.5 million. The counterfeit version of “Buste de Jeune Garçon” (circa 1964) was accompanied by documents bearing the forged signatures of the artist’s daughter Paloma and a renowned French art expert. Investigators determined that the real masterpiece, which is just slightly different from the fake, carried official certification from Maya Widmaier, Picasso’s oldest surviving child. The art world was shaken when the arrests of three art brokers and the fake’s current owner, a respected Madrid antiquarian, were announced yesterday.