St Tropez, South of France - Administrators of the late Boris Berezovsky's estate are gutted that the Russian oligarch's precious art collection has turned out to be a pile of old Jackson Pollox.
Nineteen paintings from his French villa Chateau Ethanol have been confirmed as forgeries including Picasso's famous watercolor 'Le Faussaire Russe' ('The Russian Counterfeiter') from the artist's midlife crisis satirical period.
Other works branded as fakes include two dozen oil paintings that once hung at Berezovsky's £25m British home at Wentworth Park, Surrey, all purchased from the Moses-Putin Art Gallery located at 25 The Corkery, Pyongyang, North Korea.
This weekend specialist art forgery cops have also established four works by the Russian landscape painters Alexei Savrasov and Alexandre Altmann as worthless rubbish despite having been previously valued at $7m each.
Berezovsky died in Wentworth Park in March 2013 in what a recent coroner's inquest described as bizarre circumstances suggestive of suicide.
An open verdict was recorded after the court heard details about a black silk scarf and a slippery marble bathroom floor where the Russian was found by his security guys.
Last week rumors swept the City of London that Berezovsky's debts exceeded $500m at the time of his death against an expected realisation of assets valued at around $100.
Meanwhile Russian PM Dim Eatery Medvedev is 69.