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Monday, August 13, 2018

“QUAN”-DARY! Convicted Felon Lumsden W. (Lu) Quan Gets All Scarlet O'Hara When Squeezed About His Role In David Damante's Fake Basquiat Fraud Scheme

“AS GOD AS MY WITNESS”: PART FOUR OF AN EXCLUSIVE MULTI-PART SERIES! (How come your halo needs polish, but your rhino horns don't need sharpening?) 

San Francisco resident Lumsden (Lu) Quan tries to weasel out of his role in David Damante's art fraud scheme!

Hatched in a federal prison, and cooked up with Damante and Quan, scheme hoovered up hundreds of thousands of dollars.

Another exclusive...in excrutiating detail.

BACKSTORY On June 5, 2018, as managing member for Sinuessa Fine Art, LLC, David Damante executed a financial document titled “Agreement”, conveying a work of art referenced to as “Helicopter” to Lumsden (Lu) Quan. 

According to that document, the conveyance of the painting was the resolution of a dispute between the two parties “regarding ownership of an unfinished work for art attributed to the late artist, Jean-Michel Basquiat, that being, a mixed media work in paint, spray paint, and oil stick on wood panel, measuring 64” x 48”, known by the working titles of “Helicopter” and “Helicopter Cityscape”—Quan and Damante both claimed ownership of the single original artwork. 

After receiving an email threat on July 5 from Taryn Burns, I began investigating Quan, Burns and their shared past—and discovered a multi-million-dollar art forgery scam, a man with ties to the former Colombian drug cartel and a mini-submarine. 

On December 16, 2015, former San Francisco art dealer Lumsden Quan was sentenced to a year and two days’ incarceration, followed by three years’ supervised release for his role in the illegal sale of black rhinoceros horns. 

According to the Federal Bureau of Prisons inmate locator, Quan was released from custody on July 26, 2017. Quan was fined $10,000 and banned from any work in the art and antique business until June 2020 under the terms of his release—a condition he appears to have violated with his involvement in an art fraud scam executed by David Damante. 

The text messages, an August 5, 2018 conversation between Quan and Arizona resident Greg Kelly, were provided to me by Kelly. Kelly is party to a civil court action with an interest relating to David Damante using his purported ownership/interest in works of art to obtain debt.

The messages have not been altered, with one exception: Quan's phone number has been redacted.

We begin with Quan's response to Kelly's text.

You've seen politicians pull this move, when they pretend to do something for patriotic reasons or out of loyalty, when their real motives are selfish. It's called “wrapping yourself in the flag”.

Quan hijacks the move, but takes it to another level: he wraps himself in the bible—while giving a nod toward Scarlett O'Hara.

Quan continues, asserting he's not just part of the problem, but the solution, while moaning like tear-jerking country music icon  Tammy Wynette about his “heartaches, headaches”.

Quan closes, requesting that Kelly not include him in his case, while implying a shadowy group of people who “know exactly what happened”.

But Kelly's not buying what Quan's selling:

More on this story as it develops.

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