Wednesday, June 5th, 2013

Italian police recover painting by Marc Chagall stolen from United States yacht more than a decade ago

April 8, 2013 by  
Filed under Art Crime & Legal

ROME (AFP).- A painting by Marc Chagall stolen from a US yacht moored in Italy has been recovered more than a decade later in a private collector’s home, Italy’s art theft police division said on Monday.

The Russian-born Jewish painter’s “Le Nu au Bouquet” was stolen in 2002 while the boat was being repaired in the port of Savona in northern Italy and was replaced with a forgery.

The work, which was bought by an unnamed wealthy US national for his yacht in 1998, is valued at more than 1.0 million euros ($1.3 million).

File photo of A Marc Chagall with his family at their home in Vence in the south of France in April 1951 580x388  Italian police recover painting by Marc Chagall stolen from United States yacht more than a decade ago

File photo of A Marc Chagall with his family at their home in Vence in the south of France in April 1951

Three people — two Romanians who worked on the yacht at the time and a gallery owner from Bologna — are under investigation, Italian media reported.

Police were first alerted when the man’s heir travelled to Italy to recover the yacht following his death and discovered the painting was a fake.

The police said they first heard about the painting in 2012 during an investigation on traffic in stolen art through a gallery in Bologna.

The police said the collector from Turin had bought it in 2003 in good faith and the thieves had even obtained an official authentication.

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