Current:Home > InvestEchoSense:Mobsters stole a historical painting from a family; 54 years later the FBI brought it home -MoneyFlow Academy
EchoSense:Mobsters stole a historical painting from a family; 54 years later the FBI brought it home
TrendPulse View
Date:2025-04-11 01:39:07
A rare painting stolen by mobsters in 1969 has been returned to its owner's son decades later thanks to the help of the FBI.
English portrait artist John Opie painted the piece in about 1784 and EchoSenseby the Great Depression, it belonged to New Jersey resident Earl Wood, according to the FBI's Salt Lake City field office. The 40-inch-by-50-inch painting, titled "the Schoolmistress," was a sister painting to a piece housed in London's Tate Britain art gallery.
Wood purchased the painting for $7,500 in the 1930s, the FBI said, but his time with the art was short lived. While he never reunited with the piece after it was stolen from his New Jersey home in July 1969, his son, Francis Wood, got to become its rightful owner last month.
"It was an honor playing a role in recovering a significant piece of art and culture, and reuniting a family with its stolen heritage," Special Agent Gary France said in the FBI news release. "In a world where criminal investigations often leave scars, it was a rare joy to be a part of a win-win case: a triumph for history, justice, and the Wood family."
How accurate is Punxsutawney Phil?His Groundhog Day predictions aren't great, data shows.
New Jersey lawmaker helped thieves rob painting
Authorities suspect that former New Jersey state senator Anthony Imperiale tipped the location of the painting to three men, who later testified they were working under the direction of the lawmaker, the FBI said.
The men, identified as Gerald Festa, Gerald Donnerstag and Austin Costiglione, first tried to steal a coin collection from Earl Wood's home but failed thanks to a burglar alarm, the FBI reported. Imperiale, who died in 1999, told the burglars about the piece, having been told by it's housekeeper that the piece was "priceless." On July 25, 1969, they returned to Dr. Wood’s home and stole the painting.
Festa testified that he, Donnerstag and Costiglione visited the politician's clubhouse where they were given the exact location of the painting. However, the claims against Imperiale, a polarizing figure who vocalized a crackdown on crime, were never corroborated. France said the three thieves were convicted of other mob-related crimes before their death.
Painting sold in purchase of mobster's Florida house
The piece was then passed among organized crime members for years and eventually landed in St. George, Utah, the FBI said.
The painting was included in the sale of a Florida house owned by convicted mobster Joseph Covello Sr., who has been linked to the Gambino crime family, and sold to a Utah man.
In 2020, the man died and a Utah accounting firm trying to liquidate the property sought an appraisal for the painting. The FBI discovered the piece during this process and suspected it was likely a stolen work of art and eventually returned the piece to the Wood family last month.
Wood family used smaller Opie painting as a placeholder
Francis Wood's son and Earl Wood's grandson, Tom, said the "The Schoolmistress" hung over the family dining room for decades before its sudden disappearance, according to the Associated Press. For 25 years, a smaller Opie painting served as a placeholder for the lost piece.
The painting has been cleaned and appraised but is still in good condition despite the long life it has lived, the AP reported.
"It has one or two minor blemishes, but for a painting that’s 240 years old and has been on a roundabout journey, it’s in pretty good shape," Tom Wood told the AP. "Whoever has had their hands on it, I’m thankful they took care of the painting."
The FBI has not filed any charges since the painting's recovery as all those suspected to have been involved are dead, France said.
veryGood! (188)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- The View's Sara Haines Walks Off After Whoopi Goldberg's NSFW Confession
- Mike Tomlin's widely questioned QB switch to Russell Wilson has quieted Steelers' critics
- DWTS’ Ilona Maher and Alan Bersten Have the Best Reaction to Fans Hoping for a Romance
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Black women notch historic Senate wins in an election year defined by potential firsts
- Lunchables get early dismissal: Kraft Heinz pulls the iconic snack from school lunches
- 3 Iraqis tortured at Abu Ghraib win $42M judgement against defense contractor
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Surfer Bethany Hamilton Makes Masked Singer Debut After 3-Year-Old Nephew’s Tragic Death
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- McDonald's Version: New Bestie Bundle meals celebrate Swiftie friendship bracelets
- NYC bans unusual practice of forcing tenants to pay real estate brokers hired by landlords
- Kendall Jenner Is Back to Being a Brunette After Ditching Blonde Hair
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Colorado police shot, kill mountain lion after animal roamed on school's campus
- Colorado police shot, kill mountain lion after animal roamed on school's campus
- PSA: Coach Outlet Has Stocking Stuffers, Gifts Under $100 & More for the Holidays RN (up to 60% Off)
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Glen Powell responds to rumor that he could replace Tom Cruise in 'Mission: Impossible'
Caitlin Clark shanks tee shot, nearly hits fans at LPGA's The Annika pro-am
Pedro Pascal's Sister Lux Pascal Debuts Daring Slit on Red Carpet at Gladiator II Premiere
Nearly half of US teens are online ‘constantly,’ Pew report finds
Chrysler recalls over 200k Jeep, Dodge vehicles over antilock-brake system: See affected models
When do new episodes of 'Cobra Kai' Season 6 come out? Release date, cast, where to watch
College Football Fix podcast addresses curious CFP rankings and previews Week 12