Authorities recover $10M in stolen art, arrest suspect

LOS ANGELES (AP) – Authorities have recovered $10 million worth of art – including paintings by Chagall and Diego Rivera – that were stolen in one of Los Angeles’ largest art heists.

According to the Los Angeles Times, court documents show FBI and Los Angeles police investigators recovered nine pieces of art at a West LA hotel in October.

Prosecutors allege 45-year-old Raul Espinoza tried to sell the art to undercover agents for $700,000 cash. He pleaded not guilty to receiving stolen property and remains jailed.

Messages seeking comment were left for Espinoza’s public defender Wednesday.

The artworks were among a dozen stolen from a real estate investor’s home in August 2008. The elderly residents were in their bedrooms and heard nothing.

Three paintings are still missing.

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AP-WF-12-18-14 0117GMT