Serving Bel Air, Benedict Canyon, Beverly Hills. Brentwood, Laurel Canyon, Los Feliz, Malibu, Pacific Palisades, Melrose, Santa Monica, Sherman Oaks, Studio City, Topanga, Canyon, Westwood & Hollywood Hills.

Name

E-mail

facebook Canyon News twitter Canyon News

Canyon News

Bel Air News

Beverly Hills News

Brentwood News

Hollywood Hills News

Laurel Canyon News

Los Angeles News

Los Feliz News

Malibu News

Melrose News

Pacific Palisades News

Santa Monica News

Sherman Oaks News

Studio City News

Topanga Canyon News

West Hollywood News

Westwood News

Woodland Hills

Celebrity News

State News

National News

World Headlines

Deaf News

Entertainment

Film

Television

Music

On the Industry

Star Gazing

St. John's Confidential File

Theatrical Musings

Life & Style

Event Listings

Tech Talk

Looking Good For Lots Less

Spirit & Creativity

Miller Time

Books

View from the Hill

NY WEST

Chrystal's Recipe Corner

Career and Life Coaching

Gardening With Tony

Life According To Lenson

Real Estate Realities

Food

Sports

Marathon Running

Keeping It Bruin: A Look Into UCLA Athletics

Baseball

Basketball

Football

Hockey

Pets

Vi's Corner

Pet Tips

Point of View

John Armor

Message to America

Critic At Large... Ruta Lee

Labor Week

Ramblings

10 Degrees Cooler

McConnors corner

Edge of the west

The Physics Wizard

Auto

Kyle's Kars

Travel

Susan Michelle's Compass

Advice

Ask Deanna

Dear Lily

Ask Oona

Features

Dancing with Earthquakes

Archives

Sports Schedules

Traveling Beyond the Canyon

Edge of the West

Law Man

Ask Us

Nathan Tabor

The Angry Economist

Truth Probe

As I See It

Columnists

Truth Conquers

The Live Wire

Notes from Exile

Letters to the Editor

Dog Training by Anthony

Canyon Mews

Speak!

Sponsors

America's Most Wanted Dogs

World Recipes

Vegetarian Lifestyle

Humor

News Briefs

Local News

Books

News

Canyon Fodder

Bad Movie Night

Critical Projection

Ed's on the Town

Fitness Quests

Flashback Films

Stories of the Strange

Gourmet Grandma

He Said/She Said

Home Matters with Yvonne

L.A. Etch-a-Sketch

L.A. Ruminations

McConnor's Corner

Mommy Minute

Musically Speaking

My Back Pages

Publisher's Pages

ResourceINK

Scene and Heard in L.A.

Silly...But Wise!

Sunset Diaries

Table Options

The Paws Cause

TV Stuff

Cartoon of the Week



Santa Monica News

Six Charged In Multi-Million Dollar Theft
Posted by Ivetta Babadjanian on Jan 4, 2013 - 5:27:15 PM

SANTA MONICA—Six people have been charged by Los Angeles County prosecutors in connection with the multimillion-dollar theft that occurred in bond trader Jeffrey Gundlach's Santa Monica home. The six defendants pleaded not guilty in Los Angeles Superior Court to charges of burglary, conspiracy, receiving stolen property and being an accessory after the fact.
lunapic_135734076521387_10.jpg
Jefffrey Gundlach. Photo courtesy of DoubleLine.com.


Reports indicated that 43-year-old Darren Agee Merager broke into Gundlach's home between September 12 and 13 where at least $3.2 million dollars worth of items were stolen such as wine, jewelery and paintings. Merager then came back to the scene of the crime in order to steal Gundlach's 2010 red Porsche Carrera under the order of  45-year-old Jeffrey Nieto. Nieto then helped hide the stolen art and other items at his car audio store.

Gundlach, CEO of DoubleLine Capital, offered a $1.7 million bounty for the return of the art collection which were taken while he was in New York on a business trip. All of the art has been recovered which included works from
Jasper Johns, Piet Mondrian and Richard Diebenkorn.

Within weeks, Pasadena police received a tip about the art being held at Al & Ed's Autosound on Rosemead Boulevard in East Pasadena. Investigators followed the tip and were able to recover most of the paintings. A second suspect, Wilmer Bolosan Cadiz, 40, was arrested at his home in Rosemead on suspicion of possessing stolen property. Authorities indicated that Cadiz was in possession of four paintings. The final painting was recovered at a residence in Glendale.

Cadiz has been charged with conspiracy and receiving stolen items. Co-conspirators that have also been charged are Merager's 68-year-old mother, Brenda Joyce Meager, as well as brothers
29 -year-old Wanis George Wahba and 26-year-old Ely George Wahba.

Prosecutors reported that the three suspects attempted to sell and hide the stolen items. Their arraignment is scheduled for Friday, January 18 at the Airport Courthouse and prosecutors will ask the bail be set at $10 million for each defendant. Merager has multiple prior convictions, therefore, could face more than nine years in state prison if convicted.




 

Cliffside Malibu

-------------------------

-------------------------

 

MANHATTAN BEACH

Serving Bel Air, Benedict Canyon, Beverly Hills. Brentwood, Laurel Canyon, Los Feliz, Malibu, Pacific Palisades, Melrose, Santa Monica, Sherman Oaks, Studio City, Topanga, Canyon, Westwood & Hollywood Hills.