Exec falls for $17-million phony painting scam

A European hedge-fund exec is suing a just-shuttered, Upper East Side art gallery that he says closed its doors one day after he accused it of peddling a phony Jackson Pollock painting for which he paid $17 million.

Pierre Lagrange's suit charges that the Knoedler Gallery and its former president, Ann Freedman, duped him into believing the canvas, "Untitled, 1950," had come from "a private collector who had inherited it."

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