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French Police Find Picasso Painting Worth Up to €15 Million During Search at Suspect's Relative's Home

French police discovered a painting by Pablo Picasso depicting Marie-Thérèse Walter, valued at €12-15 million. The canvas was found during a search at the home of a relative of a 37-year-old man detained in a drug trafficking case, according to Le Parisien.

French Police Find Picasso Painting Worth Up to €15 Million During Search at Suspect's Relative's Home

TL;DR

  • French police discovered a Pablo Picasso painting valued at €12-15 million.
  • The painting was found at the home of a relative of a 37-year-old man detained for drug trafficking.
  • The suspect allegedly confessed to stealing the painting to test his employer's security system.
  • The painting belonged to a Singaporean investor and was stored at a Parisian art storage company where the suspect worked.
  • Prosecutors have opened a separate investigation into the theft and concealment of stolen property.