Friday, September 28, 2012 -
California,Jeffrey Gundlach,LA Times,Santa Monica,Stolen Art Recovered
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LA Times: 'Jeffrey Gundlach's stolen art collection is recovered'
The Los Angeles Times sent out a 'breaking news' email at 5:59 p.m. on September 27:
Star bond trader Jeffrey Gundlach said his $10-million collection of art, which was stolen this month, has been recovered safely.
Recovered art work by Philip Guston (1950)
Two suspects have been arrested by Santa Monica police, he said. Gundlach had offered a near-record $1.7-million reward for the collection's safe return.
Joe Bel Bruno for the LA Times reports that Gunlach said that 'at least one of the paintings [the Mondrian] was in the midst of being sold" and that his Porsche is still missing.
Sam Ro for Business Insider reports that Gundlach released a statement thanking Detective David Haro and the Santa Monica Police Department for "their skillful, tireless and respectful attention to apprehending the criminals and recovering all of the artwork stolen."
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