The Department of Justice has restrained Pablo Picasso’s (1881-1973) Compotier et taste (1909) on behalf of the Italian government. The request is part of an ongoing investigation that Italian officials have been conducting. The painting, which is worth $11.5 million, is tied to Gabriella Amati and her late husband, Angelo Maj, who were charged by the Italian Public Prosecutors’ Office with embezzlement and fraudulent bankruptcy offenses. The restraining order was sought in connection with the criminal proceedings.
Amati and Maj, along with a public official in Naples, are accused of misappropriating tax receipts for the city. The trio also planned schemes to embezzle Naples’ tax revenue and fraudulently claimed refunds to Naples taxpayer to make transfers to their own bank accounts seem legitimate. The city of Naples lost approximately $44 million due to Amati and Maj’s schemes.
The Picasso painting, which was recovered by special agents in New York while it was being offered for private sale, will remain in the court’s jurisdiction. The U.S. is working closely with the Italian Public Prosecutors’ Office to forfeit the painting to Italy. Restraining the painting will hopefully help recovered the millions of dollars Naples lost because of Amati and Maj.
