American Greed Episode 57: Portrait of Fraud

Case File

Portrait of Fraud

  • The Entrepreneurs
  • Kristine Eubanks is a Los Angeles based entrepreneur. Together with her husband and a fast talking auctioneer, they create a diabolical plan to sell big quantities of bogus art and unauthorized prints on live TV.
  • Fine Art Treasures Gallery
  • They launch a national televised auction called Fine Art Treasures Gallery. The live TV show offers viewers a chance to bid on "rare" artwork at bargain basement prices. The paintings are advertised as signed by such artists as Picasso, Chagall, Dali and Rembrandt.
  • Art Fraud
  • The show reached viewers across the country. Business was booming and Fine Art Treasures Gallery made millions of dollars from an unsuspecting audience. But soon the auction winners discovered, looks can be deceiving.

Web Extras

  • American Greed: Fine Art Fraud Preview

    A televised art auction appears to showcase masterpieces. American Greed takes you inside a picture perfect art scam.

  • counterfeit-art-200.jpg
    By: Jenna Martino,|CNBC Associate Producer

    How to make sure the work of art you’re buying isn’t a forgery.

  • Forged Certificates

    Learn more about Kristine Eubanks' forged Certificates of Authenticity from Los Angeles Police Detective Don Hrycyk.

  • Art Crime Team

    FBI Special Agent Christopher Calarco explains how the Bureau's Art Crime Team was created.

  • Fine Arts Treasures Gallery

    Watch a portion of the Fine Arts Treasures Gallery television program.

  • Photos of artwork and evidence seized when warrants were served at Fine Art Treasures Gallery.

  • Fraud Report from victim Myron Temchin highlights the scam by Fine Art Treasures Gallery.