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$11.5M Picasso seized by US authorities for Italy

Started by riky, June 25, 2013, 09:00:18 AM

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riky

$11.5M Picasso seized by US authorities for Italy

NEW YORK (AP) â€" A 1909 Pablo Picasso painting titled "Compotier et tasse," or "Fruit bowl and cup," with an estimated worth of $11.5 million will be held by U.S. authorities for the Italian government pending the outcome of criminal proceedings against its owner in Italy, according to the terms of a judge's order signed Monday.

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