Just a week after putting out an AMBER alert that several of his beloved pieces of art had gone missing during a heist on his home and a mere four days after an emotional press conference pleading with the public to help him find them, bond manager Jeffrey Gundlach’s most prized possessions, after his Sexy Slave KitTM, have been recovered.
Police recovered the nearly $10-million collection of contemporary art — which included works by Piet Mondrian, Jasper Johns and Richard Diebenkorn — that was stolen this month from Gundlach’s Santa Monica home. He had offered a near-record $1.7-million reward for the collection’s safe return…The big break in the case came Wednesday when Pasadena police officers received a tip that the stolen art was held at an automobile stereo shop, Santa Monica police said in a news release. Officers raided the Al & Ed’s Autosound store on South Rosemead Boulevard, recovered all but one of the stolen paintings and arrested the store’s manager — Jay Jeffrey Nieto, 45, of Canyon Country — on suspicion of possessing stolen property. A second suspect, Wilmer Cadiz, 40, was arrested at his home in Rosemead, also on suspicion of possessing stolen property. The final painting was recovered at a residence in Glendale. The person who was in possession of that painting has not been arrested and is cooperating with investigators, police said.
Gundlach did not know who, if anybody, would get the reward. He had offered $1 million for the return of a Mondrian painting called “Composition (A) En Rouge Et Blanc.” The offer is said to be the highest-ever reward for a single painting. That was the painting Gundlach said the thieves had been trying to unload. One lesson Gundlach learned from the burglary was to beef up protection for his collection: “I will continue to take good care of it,” he said. “There have been many upgrades to security, and armed guards are now on the property.”
Let this be a lesson to you all: you can fuck The Godfather, you can fuck in his presence, you can fuck on a DVD that he will purchase and keep in his office, but you cannot fuck with him. And to any filmmakers out there that are thinking this would make for a great story but are stumped on a name, consider Happy Endings, Jasper In Her Johns, Big Tips, or The Bondage Nookie Court 2. Finally, the answer is yes– he will take a small role if you ask.
Art Stolen From Jeffrey Gundlach Recovered; 2 Arrested [LA Times]