Greek police have dismantled a sophisticated antiquities trafficking ring, with the centerpiece of the case being a forged Pablo Picasso painting that members of the criminal network attempted to sell as an authentic piece for a staggering 10 million euros.
The case unfolded after authorities received crucial intelligence, which led to the launch of a targeted undercover operation. An officer posed as a prospective buyer and art collector, gaining access to the network.
This infiltration exposed the group’s operations and set the stage for a coordinated crackdown. As reported, the ringleader is believed to be an individual previously known to authorities for involvement in forgery cases.
Arrests were made during simultaneous raids across multiple regions of Greece. Investigators uncovered a trove of significant findings during the subsequent searches.
Among the seized items were a large number of ancient artifacts, including coins and works of art, believed to have been obtained through illegal excavations. Authorities also confiscated documents, digital media, and other materials, which are now being analyzed by the relevant services.
The Greek Police (ELAS) is expected to release more information about the operation, revealing details regarding the illegal antiquities trafficking network.
