Thieves Steal $10 Million in Luxury Goods While Homeowner Is Out of Town

Among this missing items: art, wine, watches, cash and a red 2010 Porsche Carrera 4S.

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SANTA MONICA POLICE DEPARTMENT

Some of the artwork stolen from a Santa Monica home between the dates of September 12th and 14th.

It might be the worst feeling to have right after unlocking the front door: everything inside is gone. And in the case of one home that was ransacked while the owner was away only a few days ago, the thieves apparently were thorough.

At least $10 million in fine art, wine, cash, watches and a red 2010 Porsche Carrera 4S were swiped from a Santa Monica, Calif. home while the resident was away from Sept. 12 to Sept. 14, according to a release from the Santa Monica Police Department. (Some of the artworks are pictured above in an image handed out by police.)

The victim was identified as CEO of DoubleLine Capital, financier Jeffrey Gundlach, reported The Los Angeles Times. Gundlach was described as a “Bond Savant” and a “connoisseur of fine art” in a Bloomberg Businessweek profile earlier this year, and displays some of the paintings he’s bought at auction in the offices of DoubleLine Capital in downtown Los Angeles.

According to the SMPD release, the investigation into the theft is ongoing, and police are asking anyone with knowledge of the crime to call 1-800-78-CRIME with information. Gundlach is reportedly offering a $100,000 reward.

MORE: Art Theft Finally Reported, 12 Years After Painting Went Missing

1 comments
Sachi Mohanty
Sachi Mohanty

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I presume he was insured, re-insured, and then some ...

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