$1.7 Million Reward Offered for Art Recovery

Composition en rouge et blanc, 

Piet Mondrian, one of the stolen works

Jeffrey Gundlach is apparently one of "the world's top bond gurus". Unfortunately his financial expertise does not seemed to have carried over to safeguarding his stuff. Gundlach returned from a trip to his home in Santa Monica on Sep. 14 to discover that his art collection, some of his rare wine, and his 2010 porsche. There are scant details of the theft, but the collection of stolen art is considerable, with the stolen works from Mondrian, Franz Kline, Jasper Johns, and others.

Today at a brief press conference Gundlach announced he would be offering a reward of $1 million for this Mondrian, and $700,000 for the return of the other paintings. The details of the theft can only be speculated at, but some reports indicate the thieves drove away with the paintings in Gundlach's very own porsche.