Gundlach To Hold Press Conference On $10 Million Robbery

Sep 24 2012 | 1:06pm ET

The victim of a robbery last week, hedge fund manager Jeffrey Gundlach is taking his story to the press.

The DoubleLine Capital founder will hold a press conference this afternoon in downtown Los Angeles to discuss the theft of $10 million in cash and goods, and the rewards he's offering. Gundlach is offering $200,000 for information leading the return of the stolen items, a call to a hotline he set up, (855) 692-4997, shows. A tipster can earn $1,000 for information that leads to the arrest and conviction of the burglars.

Gundlach's Santa Monica, Calif., home was hit between Sept. 12 and Sept. 14, while Gundlach was away. The thieves made off with a chunk of Gundlach's impressive art collection, five luxury watches, wine, cash and his 2010 red Porsche Carrera 4S.

The stolen paintings include works by Joseph Cornell, Philip Guston, Jasper Johns, Franz Kline and Piet Mondrian.


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