The Orlando Museum of Art, which mounted a major Basquiat exhibition of works that were later exposed as forgeries, is facing a large shortfall amid high legal fees.
Michael Barzman, who had pleaded guilty to making false statements, avoided jail time for his role making forgeries that prosecutors said were displayed by the Orlando Museum of Art.
The museum filed a lawsuit accusing its former director, Aaron De Groft, and others of using the institution to try to legitimize fake works they planned to sell.
The man has agreed to plead guilty to a charge of lying to federal agents who say he helped to create the works displayed and later seized at the Orlando Museum of Art.
In the wake of an F.B.I. raid, the crisis at the Orlando Museum of Art deepened amid upheaval on its board and the resignation of its interim director.