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Timely Magazine > News > The $170 Million Question: Online Allegations Rock the Modigliani Authentication World
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The $170 Million Question: Online Allegations Rock the Modigliani Authentication World

By Admin June 20, 2025 5 Min Read
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Artist Amedeo Modigliani Title Portrait of a Young Woman Place Italy (Artist's nationality:) Date 1904–1920 Medium Brush and black ink and black watercolor on tan wove paper, laid down on tan wove card

Contents
The Scale of the AllegationsUnderstanding the ContextFollowing the Money TrailThe Bigger PictureThe Deafening Silence

In the high-stakes world of Modigliani authentication, where paintings can be worth anywhere up to $170 million, what began as industry rumors and hearsay has transformed into a widespread online phenomenon.

Dr. Kenneth Wayne, founder of The Modigliani Project, now finds himself at the center of what various sources are calling a major authentication scandal that has art critics, collectors, and investors talking worldwide.

Here’s what’s unfolding.

The Scale of the Allegations

Multiple websites have surfaced with explosive claims against Wayne and his authentication practices. The scope is staggering – from WordPress blogs to social media campaigns, academic platforms to dedicated YouTube channels.

One source alleges Wayne is running “deceptive practices that defrauded art collectors.” Another claims he operates as the “mastermind of an art scam”. 

Perhaps most damaging, sources allege Wayne “solicits and requests large sums of money (up to one million dollars) to authenticate forgeries.”

These aren’t isolated complaints. The coordinated nature spans:

  • Multiple WordPress blogs dedicated to exposing alleged fraud
  • Twitter/X accounts posting regular updates about supposed illegal activities
  • Pinterest boards compiling “Kenneth Wayne Exposed” materials
  • Podcast episodes dissecting what they call the “Modigliani fraud scandal”

Understanding the Context

To grasp why these allegations resonate, one must understand the Modigliani market’s chaos. 

Experts estimate up to 70% of attributed Modigliani works may be forgeries. The artist died at 35 in 1920, leaving minimal documentation. His bohemian lifestyle – trading paintings for meals, destroying works in despair – created a provenance nightmare forgers have exploited for decades.

Against this backdrop, Wayne established The Modigliani Project in 2013 as a 501(c)(3) nonprofit (although it’s technically not a charity, but rather a fiscally sponsored project of Fractured Atlas) ostensibly to bring order through apparently rigorous authentication. 

The project supposedly combines traditional connoisseurship with scientific analysis – pigment testing, X-ray examination, infrared imaging, and even artificial intelligence, according to the official site.

But critics point to a fundamental problem: this self-declared committee consists of just five people, with zero governance from authority sources, who must unanimously agree on authenticity.

All while hosting their own successful exhibitions featuring the authentic work and under accusation of taking money for pieces. The power to authenticate art pieces that are worth millions of dollars is a power unlike any other, and it’s only natural that people are going to ask questions.

Artist Amedeo Modigliani Title Portrait of a Woman Place Italy (Artist's nationality:) Date 1912–1922 Medium Oil on cardboard

Following the Money Trail

The financial allegations are where critics focus most intensely. 

In simple terms, the accusation is this: investors and collectors bring Modigliani pieces to Wayne’s team, who then charge large sums to authenticate them – even if they’re fake – thus inflating the work’s value to millions of dollars.

Critics note Wayne’s own interests in the Modigliani market. 

His 2002 exhibition “Modigliani and the Artists of Montparnasse” drew over 300,000 visitors and was named one of the twelve best exhibitions worldwide. Clearly, access to authentic pieces benefits Wayne professionally.

Some sources claim Wayne uses UK bank accounts to receive authentication fees while a “growing number” of art historians, colleagues, and insiders allegedly step forward as whistleblowers with concrete proof – screenshots, emails, bank statements, etc.  

The Bigger Picture

These allegations don’t exist in isolation. 

The Modigliani authentication world has seen spectacular scandals:

  • The 2017 Genoa exhibition, where 20 of 21 paintings were declared forgeries
  • Christian Parisot’s 2010 conviction for faking 77 Modigliani drawings
  • Marc Restellini is receiving death threats for refusing to authenticate questionable works

With individual Modigliani paintings selling for up to $170 million, the stakes couldn’t be higher. The online campaign raises critical and legitimate questions as well.

The Deafening Silence

Perhaps most telling is what’s absent from this controversy – Wayne’s voice. 

The Modigliani Project website continues operating without addressing the allegations. This silence fuels speculation, with some interpreting it as guilt.

For those wanting to investigate further, critics point to dedicated resources like the dedicated YouTube or podcast channel, documenting their concerns.

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