The Art Newspaper is reporting that prominent Italian archaeologist Edoardo David has been placed under arrest for suspicion of running a ring that has produced convincing forgeries of antiquities. Apparently, the ring duped an Italian count into trading real antiques for fakes. The Count had hoped to build a museum on the family estate.
It will be interesting to learn if this story gets any coverage whatsoever on the archaeological blogs that enjoy flogging collectors and museums over any sort of infraction, whether real or imagined.
Addendum (2-22-12): Here is the above mentioned Art Newspaper article: http://www.theartnewspaper.com/articles/Police+raid+criminal+gang+suspected+of+faking+antiquities/25583