Email List

To join our e-mail list, please enter your e-mail address. You can unsubscribe at any time.

Shows

Sections

Classifieds

Directories

Contact

Several of the paintings stolen from the Santa Monica residence between Sept. 12-14 while the victim was away on a trip.
SMPD
Several of the paintings stolen from the Santa Monica residence between Sept. 12-14 while the victim was away on a trip.

News, Santa Monica, Courts, Police Department

Mother, Two Brothers Of Mastermind Behind $10 Million Santa Monica Home Heist Charged

Wilmer Bolosan Cadiz (left) and Jay Jeffrey Nieto were arrested Wednesday, Sept. 26 in connection to the stolen Santa Monica art works.
SMPD
Wilmer Bolosan Cadiz (left) and Jay Jeffrey Nieto were arrested Wednesday, Sept. 26 in connection to the stolen Santa Monica art works.
DoubleLine Capital of Los Angeles founder Jeffrey Gundlach has publicly thanked the Santa Monica Police Department for recovering his art. He is pictured on Monday where he offered a reward of up to $1.5 million.
CBS
DoubleLine Capital of Los Angeles founder Jeffrey Gundlach has publicly thanked the Santa Monica Police Department for recovering his art. He is pictured on Monday where he offered a reward of up to $1.5 million.

Posted Jan. 5, 2013, 8:40 am

Brenton Garen / Editor-in-Chief

The mother and two brothers of the mastermind behind the $10 million Santa Monica home heist in September 2012 have been have charged as co-conspirators, the Los Angeles County District Attorney's office said Friday.

As previously reported in The Mirror, Wilmer Bolosan Cadiz, 40, and Jay Jeffrey Nieto, 45, were arrested on September 26 in connection to the robbery where more than $10 million of high-end art was stolen from the home of DoubleLine Capital founder Jeffrey Gundlach earlier in the month.

Investigators initially said the robbery took place sometime between Wednesday, Sept. 12 at 3 p.m. and Friday, Sept. 14 at 8 p.m. in Gundlach's home on the 500 block of 12th Street in Santa Monica’s north of Montana neighborhood.

Los Angeles County prosecutors on Friday charged Darren Agee Merager, 43, for allegedly breaking into Gundlach’s home between Sept. 12 and Sept. 13, and stealing items worth at least $3.2 million, the LA Times reports.

The Times reports Merager, who authorities say could spend nine years behind bars if convicted, then allegedly returned hours later and stole Gundlach’s 2010 red Porsche Carrera at the behest of Nieto.

Nieto allegedly helped hide the stolen art and other items at his car audio store where he was manager -- Al & Ed's Autosound located at 30 S. Rosemead Boulevard in Pasadena.

The Los Angeles County District Attorney's office said Friday that Merager's 68-year-old mother, Brenda Joyce Merager, and two brothers, 29-year-old Wanis George Wahba and his 26-year-old brother, Ely George Wahba are charged with allegedly concealing and trying to sell the stolen items.

The case made head way on Sept. 26, 2012 when investigators from the Santa Monica Police Department were contacted by members of the Pasadena Police Department who received a tip concerning where the stolen art from Santa Monica was being held.

Based on the information received, Santa Monica's investigators, with the assistance of the Pasadena Police Department, responded to Al & Ed's in Pasadena to serve a search warrant.

During the subsequent search, most of the paintings were recovered and one suspect was arrested for possessing stolen property.

He was identified as Nieto.

As the investigation continued, additional information was developed that led Santa Monica investigators to a residence in the City of San Gabriel.

There the investigators contacted and later arrested Cadiz for possessing stolen property; he was in possession of four of the stolen paintings. Cadiz is charged with conspiracy and receiving stolen items.

The last painting was recovered as investigators learned it had been transported to a residence in Glendale.

The arrests came just two days after Gundlach offered a reward of up to $1.5 million for the safe return of several of the most expensive pieces.

He announced a $1 million reward for the return, or information that leads to the return, of his Piet Mondrian painting if it is undamaged called “Composition A En Rouge Et Blanc.”

He said he would also offer an additional $500,000 reward for the successful return, or information that leads to the return, of his Jasper Johns painting called Green Target from 1956, stating it too must be undamaged.

Post a comment

Comments

Jan. 5, 2013, 11:32:40 am

south of Wilshire said...

Why not say "neighborhood north of Montana Ave" like a normal person? "north of Montana" neighborhood sounds as pompous as the people living there.

Jan. 6, 2013, 4:19:33 pm

Dave said...

Mexicans... I AM SHOCKED!

SM Mirror TV