Displaying items by tag: burglary

The crown of the Siamese King offered in 1861 to Napoleon III in the Château de Fontainebleau was stolen in the early hours of Sunday morning, 1 March, along with around 15 other precious artifacts from eastern Asia.

The burglary took place before 6am at the palace 60 kilometers south of Paris. “The thieves were very determined. They knew what they were doing and exactly what they wanted,” the château's president Jean-François Hébert told "The Art Newspaper." The thieves smashed the glass of the display cabinets with chairs and other objects from the Asian collection and, in a crude attempt to cover their tracks, used a fire extinguisher to spread carbonic snow over the site.

Jeffrey Gundlach, the chief executive officer of DoubleLine Capital LP, was the victim of a multi-million dollar burglary last week. After returning to his Santa Monica residence, the so-called ”bond guru” found $10 million worth of assets missing including several paintings, a 2010 Porsche Carrera 4S, watches, wine, and cash. At least ten paintings, including pieces by Jasper Johns (b. 1930), Piet Mondrian (1872–1944), and Guy Rose (1867–1925) were taken. Gundlach, a well-known connoisseur of fine art, is offering a $200,000 reward for any information leading to the recovery of the goods.

The burglary occurred sometime between September 12 at 3PM and September 14 at 8PM as Gundlach was in New York at the Bloomberg Markets 50 Summit. The investigation is ongoing.