Displaying items by tag: sting

Musician Sting and wife Trudie Styler are selling more than 200 items from their art collection, previously housed in their former family home in London.

Works by Matisse, Picasso, Gustav Klimt and Ben Nicholson will be offered at auction at Christie's in February, as well as Sting's Steinway piano.

The auction house said the couple had collected the works "with passion and knowledge" over 20 years.

A painting by Henri Matisse stolen more than a decade ago in Caracas and later recovered in an FBI sting is on display again in the Venezuelan capital.

The "Odalisque in Red Pants," worth around $3 million, was exhibited Tuesday for the first time in more than a decade at the Museum of Contemporary Art.

It had been replaced with a fake sometime between 1999 and 2002 and it was only in 2003 that Venezuelan authorities realized the original had been stolen.

Pedro Antonio Marcuello Guzman of Miami and Maria Martha Elisa Ornelas Lazo of Mexico City have pled guilty to selling a stolen Henri Matisse painting on Miami’s black market. The duo admitted to FBI agents that they knew the $3 million painting, Odalisque in Red Pants (1925), had been stolen before making a deal to sell it to an undercover officer who was part of a sting operation. The pair was arrested after the sale was made.

The painting has been missing from Venezuela’s Sofia Imber Contemporary Art Museum since approximately 2002 when it was swapped for a fake. Some speculate the switch went unnoticed for years. Even though Interpol, the FBI, and police in France and Spain have investigated the case, the details of the theft remain a mystery. However, Guzman and Lazo said in court that they were told museum employees hung the forgery in place of the original.

Although the painting has been recovered, it has not been returned to Venezuela. Guzman faces 10 years in prison for conspiracy to transport and sell stolen property, while Lazo faces five years. The pair is scheduled to be sentenced in January.