Fake Picasso and Palencia works are rumbled in Spain: Fraudsters were selling pieces for 13.5 million [Video]

THE Policia Nacional have seized three fake paintings by Pablo Picasso and one by Benjamin Palencia that were going to be sold for €13.5 million.

Officers from the Historical Heritage division based in the Valencian Community along with colleagues in Albacete have arrested five people.

Investigations started earlier this year with the detainees being charged with fraud and intellectual property crimes.

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All of those arrested claimed that the bogus works were all inherited from family members.

The Historical Heritage division confirmed from a group representing Picasso’s family that none of the three paintings attributed to him were genuine.

In fact one of the detainees went to the group- Succession Picasso- in June 2016 and the authenticity appraisal was negative.

Despite that, the fake …