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

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

The fake art included forged works by Banksy, Andy Warhol, Pablo Picasso and Salvador Dali. The operation, led by Pisa's Chief Prosecutor Teresa Angela Camelio, marks a major blow to art crime in Europe.

Italy’s art police are investigating 38 people being and have seized more than 2,000 works of art since beginning the operation in 2023.

Italian police have uncovered a pan-European forgery ring responsible for producing and selling counterfeit artworks attributed to dozens artists including Pablo Picasso, Andy Warhol, Salvador Dalí and Banksy.

38 people across Europe are suspected of involvement in a sweeping scheme to create and sell fake works attributed to Banksy, Pablo Picasso, and Andy Warhol, among other marquee 19th, 20th, and 21st century artists, Italian authorities revealed on Monday.

According to Italian officials, a criminal network operating across Europe has forged artworks by Banksy, Picasso, and Warhol. An international operation resulted in the seizure of more than 2,100 forged pieces across Italy,

Investigators discovered six forgery workshops and seized more than 2,100 fake artworks with a potential market value of about $215 million.

Italian police have uncovered a large-scale pan-European forgery network making and selling fake artworks attributed to some of the biggest names in modern and contemporary art, including Banksy, Pablo Picasso,

Police in Italy said they have successfully broken up a major European criminal network that was forging and selling artwork attributed to some of the biggest names in modern and contemporary art, including Banksy and Andy Warhol.