Crime & Safety
$200,000 Reward Offered in Santa Monica Art Theft
Bond-fund manager offers reward for the return of high-end artworks and other pricey property nabbed from his North of Montana home, the Los Angeles Times reports.
For the safe return of irreplaceable pieces from his multimillion-dollar art collection and other pricey property stolen this month from his Santa Monica home, bond-fund manager Jeffrey Gundlach is offering a $200,000 reward, the Los Angeles Times reported Friday.
Gundlach was on a business trip when the paintings, red Porsche Carrera 4S, wine and cash were lifted from the home in the North of Montana neighborhood. Santa Monica Police have placed the value of the haul at $10 million.
Among the stolen paintings were works by Piet Mondrian and Jasper Johns.
Find out what's happening in Santa Monicawith free, real-time updates from Patch.
According to the Times:
Most meaningful to Gundlach, 52, was Mondrian's "Composition (A) en Rouge et Blanc," a 1969 oil on canvas. Gundlach liked the artist's distinctive double lines so much that he borrowed the image for his investment firm, naming it DoubleLine Capital.
Find out what's happening in Santa Monicawith free, real-time updates from Patch.
Stay connected with Santa Monica Patch throughout the day on Facebook and Twitter. Subscribe to our free daily newsletter for email updates.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
