L.A. NOW

Southern California -- this just in

« Previous Post | L.A. NOW Home | Next Post »

Multimillionaire financier victim of $10-million heist

Jeffrey Gundlach was the victim of a $10-million burglary in Santa Monica, a source saysThe victim of a $10-million burglary last week was multimillionaire financier Jeffrey Gundlach, a source familiar with the situation said Wednesday night.

Gundlach, CEO of DoubleLine Capital and the former bond guru for TCW Inc., lost several high-end paintings and a 2010 red Porsche Carrera 4S in the burglary.

According to authorities, the home in the 500 block of 12th Street in Santa Monica was burglarized last week while the resident was on a trip.

PHOTOS: Art stolen in $10-million burglary

The stolen goods include paintings by such artists as California Impressionist Guy Rose and landscape artist Hanson Duvall Puthuff.

Also stolen were five luxury watches, wine and cash.

The burglary occurred between 3 p.m. Sept. 12 and 8 p.m. Friday, according to a Santa Monica police statement.

The investigation is ongoing, and police are asking that anyone with information regarding the burglary contact Det. David Haro at (310) 458-8432, Sgt. Henry Ramirez at (310) 458-8453, or the Santa Monica Police Department at (310) 458-8495.

ALSO:

Lindsay Lohan accident, arrest subject of much dispute

Endeavour on track to arrive at Edwards AFB on Thursday

Man accused of emailing ESPN about killing children is charged

-- Times staff reports

Photo: Jeffrey Gundlach spoke last week at the Bloomberg Markets 50 Summit in New York. Credit: Jin Lee / Bloomberg

 
Comments () | Archives (0)

Connect

Recommended on Facebook


Advertisement

In Case You Missed It...

Video

About L.A. Now
L.A. Now is the Los Angeles Times’ breaking news section for Southern California. It is produced by more than 80 reporters and editors in The Times’ Metro section, reporting from the paper’s downtown Los Angeles headquarters as well as bureaus in Costa Mesa, Long Beach, San Diego, San Francisco, Sacramento, Riverside, Ventura and West Los Angeles.
Have a story tip for L.A. Now?
Please send to newstips@latimes.com
Can I call someone with news?
Yes. The city desk number is (213) 237-7847.

Categories




Get Alerts on Your Mobile Phone

Sign me up for the following lists:


In Case You Missed It...