New Law on Art Forgery: Prevention and Combating in Greece

A new institutional framework for the prevention and combating of art forgery is being established in Greece. Until recently, illegal activity in the art world was addressed under the general provisions of the Penal Code regarding forgery and fraud.
The new law introduces the specific offense of creating, altering, exhibiting, and trafficking works of art and collectibles with the intent to deceive third parties, providing for aggravating circumstances and stricter penalties. Criminal prosecution is also foreseen for those who forge works of art whose creators are unknown.
Penalties range from imprisonment of six months to 5 years and a fine of 5,000 to 120,000 euros. If the offenses are committed by an organized group, on a commercial scale, or the damage exceeds 120,000 euros, imprisonment of up to 10 years and a fine of up to 300,000 euros are foreseen.
An important innovation is the establishment of a Register of Sworn Experts to certify the authenticity of works of art, as well as the creation of an Independent Department of Works of Art in the Ministry of Culture.
In addition, penalties are provided for damage to works of art in public spaces and museums.