Word: amadio
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...owners of the artwork, retired Harvard doctor Ralph Kennaugh and Angelo B. Amadio, reported that the stolen art included works by Matisse, Miro, Rembrandt, and Renoir. The most valuable piece was a Jackson Pollock painting estimated to be worth $20 million.The paintings were part of a collection of over 100 pieces of artwork...
According to Amadio, the stolen art was stacked in the hallway of their home. The two owners had been planning to move out because a security company had refused to install a security system, he said...
...insurance appraisal valued the collection at $27 million. But according to Amadio, a more recent assessment put the worth of the combined collection at upwards of $80 million...
...Amadio said that he believes the theft to be an inside job because the thieves were able to differentiate between the authentic pieces and reproductions...
...Amadio and Kennaugh are offering a $5 million reward for the return of the artwork in its original state and for evidence leading to the arrest of the perpetrators...