USALife.info / NEWS / 2023 / 09 / 27 / 1.5 MILLION BUDDHA STATUE STOLEN FROM LOS ANGELES ART GALLERY, SUSPECT CAPTURED
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1.5 million Buddha statue stolen from Los Angeles art gallery, suspect captured

21:28 27.09.2023

In a shocking turn of events, a stolen Japanese Buddha statue worth a staggering $1.5 million has been recovered by the Los Angeles Police Department. The statue, which was stolen from the Barakat Gallery in Beverly Grove, was found after the arrest of Justin Livick, a 44-year-old man who is suspected of receiving stolen property.

The theft took place in the early morning hours of September 18th, leaving employees at the art gallery stunned. The gallery's director, Paul Henderson, expressed his puzzlement at the theft, stating, "We're all very puzzled. Obviously, this is a high-valued piece, it's important, and aesthetically it's a very interesting and unique item." The Barakat Gallery is renowned for its collection of rare and valuable artifacts, making the theft of such a significant piece all the more shocking.

Surveillance footage revealed how the thief managed to carry out the daring heist. The suspect, using a dolly, broke into the gallery's entrance through a driveway gate, swiftly transporting the 250-pound bronze sculpture onto a truck. The entire operation was executed within a mere 25 minutes, leaving behind a trail of disbelief and confusion.

The stolen statue, dating back to Japan's Edo Period (1603-1867), holds immense historical and cultural significance. It is believed to have been commissioned as the centerpiece of a temple. Fayez Barakat, the gallery owner, expressed his deep attachment to the artwork, stating, "I prize it so much... It's really aesthetically arresting and it's shocking to see something like this go missing." Barakat had acquired the statue over 55 years ago, making its loss all the more devastating.

Despite the value of the stolen artifact, the motive behind the theft remains unclear. Henderson expressed his curiosity about the thief's intentions, questioning, "We're still trying to figure out what the motive was and what the thief thinks they're going to do with this piece." It is believed that due to the statue's ancient nature, it would be extremely difficult to sell on the market. Henderson likened the heist to a "museum heist type thing," emphasizing the challenges the thief would face in finding a buyer.

Law enforcement officials are now focused on recovering the statue before any harm befalls it. Barakat expressed his hope that the thief did not steal it merely for the value of the bronze, stating, "I hope that the person who stole it is not stealing it for the weight of bronze because it's a historical item." The sentiment among those involved is one of urgency and concern for the preservation of this unique and valuable piece of history.

As the investigation continues, the LAPD is diligently canvassing the area for additional security camera footage that could potentially shed more light on the circumstances surrounding the theft. With no arrests made thus far, the recovery of the stolen statue represents a significant breakthrough in the case. The art world at large eagerly awaits further developments in this captivating and mysterious story.

/ Wednesday, September 27, 2023, 9:28 PM /

themes:  Los Angeles  California



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