Masterworks Fine Art Inc.

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Allegations

Italy: Mario Tonnarelli Grassetti et al (‘Fake Picasso Etchings’)

Amended Application for the appointment of a Commissioner to collect evidence from Clars Auction Gallery and Masterworks Fine Art Inc. regarding deliveries of "fake Picasso etchings" - pursuant to a request for judicial assistance from Italy - for "a criminal investigation of Mario Tonnarelli Grassetti aka Mario Tonnarelli, his wife Jinhua Jiang, and Yicai Xia for conspiracy, handling stolen goods, and smuggling".