Art Hostage Services
The Art Hostage team undertakes a wide range of services, including due diligence, collection conservation and management, risk assessment and security as well as legal issues, recovery and dispute resolution involving art and artifacts. Through partnerships with leading organizations, the Art Hostage team can provide a complete service for all aspects of collecting and protecting art.
SANTA MONICA - A San
Gabriel man and a manager of a Pasadena store selling car stereos and
sound systems were arrested for allegedly stealing art valued at $10
million from a Santa Monica home, police said Thursday.
Detectives recovered most of the stolen paintings at Al & Ed's
Autosound in Pasadena, four at a San Gabriel residence and one in
The store manager, 45-year-old Jay Jeffrey Nieto of Canyon Country, and
San Gabriel resident, 40-year-old Wilmer Bolosan Cadiz, were arrested
Wednesday on suspicion of possessing stolen property.
Pasadena police received a tip where the stolen art was being held and
contacted Santa Monica police on Wednesday, Santa Monica Police Sgt.
Richard Lewis said in a statement.
He said investigators served a search warrant at Al & Ed's Autosound
at 30 S. Rosemead Boulevard and found most of the paintings. Nieto was
arrested Wednesday night.
Lewis said additional information led detectives to a residence in San
Gabriel where they arrested Cadiz. He allegedly had four of the
Another painting turned up in Glendale.
The person who had the painting in Glendale was interviewed and cooperating with police, according to Lewis.
Burglars took paintings, two wooden box art pieces, a red 2010 Porsche
Carrera 4S, watches, wine and a small amount of cash sometime between 3
p.m. Sept. 12 and 8 p.m. Sept. 14 from a house in the 500 block of 12th
The resident, Jeffrey Gundlach, discovered the break-in when
he returned home from a trip. He offered a $1.7 million reward.
Booking records show Nieto was being held at Santa Monica jail in lieu
of $20,000 bail. He will be arraigned Friday at the Airport courthouse.
Cadiz was released from custody at 6:50 a.m. Thursday. It's not clear if he is out on bail.
Santa Monica Police are looking for the other stolen items and for additional possible suspects.