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$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.

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.

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mimi September 22, 2012 at 05:13 PM
I believe the Gundlach family is half owner of an excellent and well respected winery in the Napa/Sonoma Valley. That would explain the collection of rare wine. I hope the artwork is retrieved and returned. The wine, even if found, is toast. It is no longer collectable (or even drinkable) due to questionable storage since the theft.

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