French police have arrested two respected antiques dealers on suspicion of selling fake Louis XV chairs to the famed royal chateau of Versailles, reports the Telegraph:
Art fraud officers detained the two dealers for questioning...both Paris-based experts in 18th century furniture. They are suspected of selling two fake chairs out of a batch of four to the Chateau at Versailles, home of Louis XIV, for €1.7m (£1.3m).
The French art fraud office, OCBC, began investigating the two antiques dealers, Bill Pallot, a chair specialist, and Laurent Kraemer, owner of the Kraemer gallery – one of Paris’ oldest – in 2012.
They started the probe after receiving letters of denunciation from another French antiques dealer, Charles Hooreman...