Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap 3 jailed for Hong Kong's priciest art heist, after selling billion !

3 jailed for Hong Kong's priciest art heist, after selling billion

Time:2024-05-21 16:10:18 source:Cultural Currents news portal

Three burglars who carried out a record-breaking US$637 million art heist in Hong Kong but remained oblivious to the value of their historic haul were jailed on Friday, local media reported.

HONG KONG-CRIME-ART
Police show a picture of a calligraphy scroll written by Mao Zedong worth about US$300 million, that had been recovered but found chopped in half following a robbery that included antique stamps and revolutionary items from mainland China worth an estimated US$637 million, at a press conference in Hong Kong on October 7, 2020. File photo: Isaac Lawrence/AFP.
Processing… Success! You're on the list. Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again.

Hong Kong’s art community was rocked by the theft that included a two-metre tall scroll containing a 1929 Politburo report written by Mao Zedong valued at hundreds of millions of dollars – but was sold to an amateur collector for just HK$200 (US$25).

When police recovered the parchment a month after it was stolen, they discovered it had been cut in half to make it easier to store by the collector, who also did not realise it was genuine.

A calligraphy letter and handwritten poem by Mao remain missing, as do dozens of sets of highly prized Chinese stamps, the Post reported. 

A collector who received some of the goods alerted the police once he realised the items were stolen.

Related information
  • With Djokovic awaiting the winner, Murray trails Hanfmann at rain
  • Top adviser reaffirms opposition to 'Taiwan independence'
  • Wang Yi: U.S. must be rational about China
  • China's courts see over 100 percent increase in judicial transparency
  • Analysis: Larson enters conversation with Verstappen as best drivers in the world
  • Top legislator addresses closing meeting of China's annual legislative session
  • Von der Leyen wins conservatives' backing to lead EU
  • China to continue to prioritize employment promotion
Recommended content
  • Investigators return to Long Island home of Gilgo Beach serial killing suspect
  • DPP 'responsible' for hindered cross
  • Mainland spokesperson affirms patrols from coast guard near Kinmen legitimate
  • Curb on Chinese talent sparks strong backlash
  • Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
  • Beijing opposes Burns' definition of Sino