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

Auctioneer who created 25 fake Basquiat paintings that brought down the CEO of Orlando’s art museum will plead guilty

By
Stefanie Dazio
Stefanie Dazio
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Stefanie Dazio
Stefanie Dazio
and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 12, 2023, 5:09 AM ET
The entrance to an exhibit by artist Jean-Michel Basquiat is seen at the Orlando Museum of Art on June 1, 2022, in Orlando.
The entrance to an exhibit by artist Jean-Michel Basquiat is seen at the Orlando Museum of Art on June 1, 2022, in Orlando.John Raoux—AP

A former Los Angeles auctioneer has agreed to plead guilty in a cross-country art fraud scheme where he created fake artwork and falsely attributed the paintings to artist Jean-Michel Basquiat, federal prosecutors said Tuesday.

The paintings ultimately wound up at the Orlando Museum of Art in Florida before they were seized by federal agents last year in a scandal that roiled the museum and led to its CEO’s departure after he threatened an art expert and told her to “shut up.”

Basquiat, a Neo-expressionist painter whose success came during the 1980s, lived and worked in New York before he died in 1988 at age 27 from a drug overdose. The Orlando Museum of Art scandal came in 2022 when a federal raid ended in the seizure of 25 paintings whose authenticity had been in question for a decade. The museum had been the first to display the artwork, and its former director had previously insisted the artwork was legitimate.

Defendant Michael Barzman, 45, was charged Tuesday in federal court in Los Angeles with making false statements to the FBI during an interview last year, the U.S. Attorney’s Office said in a news release. He has agreed to plead guilty and faces up to five years in prison.

Barzman’s court date has not been scheduled. Barzman admitted that he and another man, identified only as “J.F.” in court papers, had created the bogus paintings and agreed to split the sales’ proceeds.

“Mr. Barzman was drowning in medical debt after battling cancer for decades,” his attorney Joel Koury said in a statement Tuesday. “In desperation, he participated in this scheme because he was afraid of losing his health insurance. Since then, he has cooperated and done everything asked of him to compensate for his poor judgement.”

Mark Elliott, the chairman of the Orlando museum’s board of trustees, said in a statement that the museum “has recommitted itself to its mission to provide excellence in the visual arts with its exhibitions, collections, and educational programming” in the wake of the scandal.

Barzman admitted to the FBI — after repeated denials in interviews with federal agents, leading to Tuesday’s felony charge — that he made a false provenance for the paintings by claiming in a notarized document that they had been found in television writer Thad Mumford’s storage locker.

Barzman previously ran an auction business where he bought and resold the contents of unpaid storage units. He bought Mumford’s locker in 2012.

Mumford, who died in 2018, told investigators he had never owned any Basquiat art, and the paintings were not in the unit the last time he had opened it.

Experts pointed out that the cardboard used in at least one of the pieces included FedEx typeface that wasn’t used until 1994, about six years after Basquiat died, according to a federal search warrant. The artwork had been marketed as painted in 1982.

Barzman and “J.F.” would make the paintings on cardboard with various materials and then “age” them outdoors so the artwork would look like it was painted in the 1980s, according to Barzman’s plea agreement.

But on the back of one of the paintings seized from the Orlando museum, a crucial clue remained: A mailing label bearing Barzman’s name, painted over.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Stefanie Dazio
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Lifestyle

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 Lifestyle

Simple App Review (2026): Expert Tested and Reviewed
Healthmeal delivery
Simple App Review (2026): Expert Tested and Reviewed
By Emily PharesApril 30, 2026
12 hours ago
Photo of two friends in bathrobes enjoying tea
Personal FinancePersonal Finance Evergreen
High earners are feeling the pain of wealth creep—and it’s leading to a new tradeoff in their spending
By Catherina GioinoApril 30, 2026
13 hours ago
Premium card perks are ‘designed to create a win-win-win for everyone’ but customers are paying with heavy annual fees and data
Personal FinancePersonal Finance Evergreen
Premium card perks are ‘designed to create a win-win-win for everyone’ but customers are paying with heavy annual fees and data
By Catherina GioinoApril 30, 2026
13 hours ago
capuano
C-SuiteHospitality
Marriott CEO on why you have to defend both DEI and ICE’s right to a hotel room: Dictating values is a ‘bad place for the country’
By Nick LichtenbergApril 30, 2026
14 hours ago
charles
Travel & LeisureRoyals
King Charles’ star-studded trip to New York includes Anna Wintour, Lionel Richie and a Harlem student saying ‘I like your hair’
By Philip Marcelo, Anthony Izaguirre, Dave Collins and The Associated PressApril 30, 2026
15 hours ago
art
LawCrime
Father-daughter duo duped New York City art world with at least 200 fake Banksy, Warhols, Wyeths, prosecutors say
By Jake Offenhartz and The Associated PressApril 30, 2026
15 hours ago

Most Popular

Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
4 days ago
Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?
Big Tech
Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?
By Alexei OreskovicApril 29, 2026
1 day ago
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
By Jake AngeloApril 30, 2026
12 hours ago
With no end in sight, Trump considers new options in Iran war—including the ‘Dark Eagle’ hypersonic missile
Big Tech
With no end in sight, Trump considers new options in Iran war—including the ‘Dark Eagle’ hypersonic missile
By Jim EdwardsApril 30, 2026
20 hours ago
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
AI
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
By Sasha RogelbergApril 28, 2026
3 days ago
No, tariffs are not strengthening the economy
Commentary
No, tariffs are not strengthening the economy
By Alex DuranteApril 29, 2026
2 days 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.