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In Hong Kong's Priciest $637 Million Art Heist, 3 Burglars Jailed

In Hong Kong's Priciest $637 Million Art Heist, 3 Burglars Jailed

NDTV
Friday, May 13, 2022 11:47:13 AM UTC

Hong Kong Art Heist: The theft included a two-metre tall scroll containing a 1929 Politburo report written by Mao Zedong.

Three burglars who carried out a record-breaking $637 million art heist in Hong Kong but remained oblivious to the value of their historic haul were jailed Friday, local media reported.

Hong Kong's art community was rocked by the theft that included a two-metre tall scroll containing a 1929 Politburo report written by Mao Zedong valued at hundreds of millions of dollars -- but was sold to an amateur collector for just HK$200 ($25).

When police recovered the parchment a month after it was stolen, they discovered it had been cut in half to make it easier to store by the collector, who also did not realise it was genuine.

The items were lifted in September 2020 from an apartment belonging to Chinese collector Fu Chunxiao in the city's bustling Kowloon district.

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