[1] Born in Freudenstadt in Germany’s Black Forest on November 4, 1951, Michael Schultz, studied Music and Theater at the Freie Universität Berlin (1974–78).

[7] Prior to his arrest, a friend of Schultz was planning to sell a Gerhard Richter painting at Christie's in New York City with an estimate of €800,000 - 1,000,000.

Upon background check with the Gerhard Richter Archive, it became apparent the picture was fake as the authentic work was previously displayed in Schultz gallery in 2014 where it appeared differently.

[9] Michael Schultz mainly represented contemporary figurative artists from Germany, Switzerland, Austria, China, and Korea, like, in alphabetical order, Sonja Alhäuser, Arif Aziz, Chen Wenbo, Andy Denzler, Sven Drühl, Tommy Fitzpatrick, Feng Lu, Kristina Girke, Burkhard Held, Huang He, Huang Min, Stephan Kaluza, Kim Yusob, Bernd Kirschner, Ingo Kühl, Helge Leiberg, Ma Jun, Joel Morrison, Römer+Römer, Manfred-Michael Sackmann, Cornelia Schleime, SEO, Bong Chae Son, Maik Wolf, Zhu Cao.

On the secondary market he worked with Georg Baselitz, Markus Lüpertz, A. R. Penck, Sigmar Polke, Robert Rauschenberg, Gerhard Richter.