Authorities were tipped off about a man in Europe soliciting buyers
Court documents show local and federal authorities have recovered nine works of art that were stolen during a 2008 California heist, one of the largest in Los Angeles history.
Los Angeles police and the FBI launched an undercover operation after being tipped off in September about a man in Europe who was said to be soliciting buyers for the art, which was valued at $10 million but going for $700,000, the Los Angeles Times reports. The works recovered include Diego Rivera’s “Peasants” and a piece by Marc Chagall. They were among a dozen stolen from the home of a wealthy real estate investor in August 2008; three were still missing as of Dec. 1.
Raul Espinoza, 45, was charged with one count of receiving stolen property following the October bust and being held on $5 million bail. He pleaded not guilty at an arraignment on Oct. 27.