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Revision as of 19:58, 30 June 2013

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Admits Selling Bogus Picassos On eBay

CHICAGO A suburban Chicago man pleaded guilty Tuesday to swindling at the least 250 people out of more than $1 million through the sale of counterfeit prints advertised because the perform of Pablo Picasso and other key modern artists.

Michael Zabrin of Northbrook admitted from time to time paying among $1,000 and $1,500 for counterfeit restricted edition fine art prints made in Spain and Italy and reselling them on eBay for many times that quantity.

In his signed plea agreement (tljdesign.com/clients.html) with prosecutors, 57-year-old Zabrin said he would send away to his Italian supply for fake Picassos, saying: "I need to have some P's." When he necessary bogus works by Roy Lichtenstein, he would say: "I will need some L's."

In the summer of 2004, Zabrin purchased eight counterfeit works purportedly by Marc Chagall for $20,000 "which he resold at no less than three occasions his (michael kors outlet) expense," based on the plea agreement which was presented to Judge Robert M. Dow Jr.

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Zabrin was amongst seven individuals charged in March 2008 on charges of trading in fake works by Picasso, Lichtenstein, Chagall, Joan Miro and Salvador Dali. He was the very first to be convicted. Charges against the six other individuals are pending.

Zabrin pleaded guilty to one count of mail fraud.

The charge carries a maximum sentence of 20 years in prison and also a fine of $250,000. But prosecutors calculated that under federal sentencing recommendations Zabrin could possibly be facing a prison term within the 10- to 13-year variety.

Dow set March 23 for sentencing.

In line with the plea agreement, Zabrin had been previously convicted of telephone harassment, mail fraud and retail theft.

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