Italian authorities say the network could have done 200 million euros ($212 million) in economic damage by flooding the art market with fake works.

Italian authorities have cracked a network of art forgers who made and sold fake works by Warhol, Banksy, Picasso and others.

Italian authorities say a network of European art forgers who painted fake Warhols, Banksys and Picassos and then tried to sell them to unsuspecting buyers with the help of complicit auction houses has been dismantled.