• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
LawCrime

Father-daughter duo duped New York City art world with at least 200 fake Banksy, Warhols, Wyeths, prosecutors say

By
Jake Offenhartz
Jake Offenhartz
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Jake Offenhartz
Jake Offenhartz
and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 30, 2026, 10:42 AM ET
art
A suspected forgery of an Andrew Wyeth painting is seen at RoGallery in New York, Tuesday, April 28, 2026. AP Photo/Jake Offenhartz
Add Fortune on Google for similar content.

A little over a year ago, the New York City art dealer Robert Rogal received a visit to his private showroom from a young woman, who seemed eager to offload a family heirloom.

Recommended Video

Introducing herself as Karolina Bankowska, she carried a framed painting signed by Andrew Wyeth, resembling the watercolor landscapes the celebrated artist had completed early in his career. Intrigued, Rogal accepted the piece on consignment, figuring it might fetch between $20,000 to $30,000 at auction.

“The provenance was a little fuzzy,” he said. “But she seemed credible. It wasn’t an obvious counterfeit.”

In fact, Rogal now believes the painting was a fake — one of at least 200 carefully designed imitations that federal prosecutors say Bankowska, 26, and her father Erwin Bankowski, 50, tried to pass off to unwitting buyers.

On Tuesday, the duo pleaded guilty to defrauding their victims — including some of New York City’s most prominent fine art auction houses — of at least $2 million.

The counterfeits, which were forged in Poland by an unnamed co-conspirator, were often reproductions of lesser-known works by prominent and prolific artists, like Banksy and Andy Warhol, prosecutors said. Their most profitable fake, purportedly by the artist Richard Mayhew, was sold by the auction house DuMouchelles last October for $160,000.

A representative for DuMouchelles said they had cooperated with federal authorities but were not authorized to discuss the sale further. Several other auction houses targeted in the scheme, including Bonhams, Phillips, Freeman’s and Antique Arena, either declined or did not respond to inquiries.

The father and daughter — Polish citizens living in New Jersey — face charges of wire fraud conspiracy and misrepresenting Native American–produced goods, a charge stemming from their duplication of the Luiseño artist, Fritz Scholder.

They face the possibility of more than three years in prison under federal guidelines, in addition to $1.9 million in restitution and possible deportation to Poland.

In court on Tuesday, Bankowska told a judge that her “conduct was wrong and I am guilty.” Her attorney, Todd Spodek, said his client had placed more than $1 million in an escrow account.

Through a Polish interpreter, Erwin Bankowski also apologized. His attorney, Jeffrey Chabrowe, added that his client had “regrettably made a terrible decision in an effort to support his family.”

As news of the fakes reverberated around the art world, experts described the scheme as a classic of the genre — one that is far more prevalent than some in the industry would like to admit.

“The only unusual thing about this case is that the forgers got caught,” said Erin Thompson, a professor of art crime at the City University of New York.

“People think of the art world as a genteel place full of cultured people who just want to share the wonder of beautiful art,” she added. “You should assume there are a lot more fakes out there.”

Prosecutors said the father and daughter began commissioning a Polish artist in 2020 to create the fake artworks. Using antique paper, they also forged stamps to attach to the paintings, adopting the names of since-shuttered galleries where a given artist might have plausibly shown their work.

It wasn’t long before the sales began to draw scrutiny. In March 2023, representatives for the artist Raimonds Staprans caught wind of a forged painting, “Triple Boats,” for sale by an auction house. A few days after the reps contacted the auction house, the painting sold to a buyer for $60,000, prosecutors said.

Thompson, the professor of art crime, noticed other irregularities as well. The gallery stamp on the back of the faked Wyeth, for example, listed its year as 1976, but included a zoning address number that had been phased out in 1962.

Coincidentally, perhaps, the fake stamp bore the name and address for M. Knoedler & Co. One of New York’s oldest and most esteemed commercial galleries, Knoedler closed down in 2011 amid allegations of profiting from forgeries of paintings by Jackson Pollock, Mark Rothko and others.

Ultimately, Rogal said he never listed the Wyeth, in part because the stamp on the back was “too clean.” When he called Bankowska and told her to pick it up, she never responded.

On Tuesday, in a Queens warehouse brimming with consigned art pieces, Rogal reexamined the painting under the light.

“You try to do a service and provide it correctly,” he said. “Can we be fooled? Absolutely.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Jake Offenhartz
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Law

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Law

Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
NewslettersEye on AI
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
5 hours ago
Polymarket CEO Shayne Coplan
CryptoCryptocurrency
Polymarket allegedly faked trades. Chances are slim Trump admin investigates, says sports-betting attorney
By Camila Grigera NaónJune 23, 2026
9 hours ago
alite
LawCrime
A former mob hitman ran for office, won, then got arrested for loansharking
By The Associated PressJune 23, 2026
10 hours ago
gg
CommentaryWorld Cup
CPJ: press freedom must endure the American World Cup
By Gypsy Guillén KaiserJune 23, 2026
14 hours ago
The Supreme Court reinstates murder conviction for NYC boy Etan Patz, one of the first missing kids on a milk carton
LawSupreme Court
The Supreme Court reinstates murder conviction for NYC boy Etan Patz, one of the first missing kids on a milk carton
By The Associated Press and Mark ShermanJune 22, 2026
1 day ago
quartz
Healthhome renovations
Your quartz countertop is the new asbestos — for the workers who cut it
By David Michaels, Robert Harrison and The ConversationJune 21, 2026
2 days ago

Most Popular

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
13 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
11 hours ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
1 day ago
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
Success
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
By Preston ForeJune 22, 2026
1 day ago
Current price of silver as of Monday, June 22, 2026
Personal Finance
Current price of silver as of Monday, June 22, 2026
By Joseph HostetlerJune 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.