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US Seeks Seizure of Fugitive Low's Paris Apartment, Art Work – BNN

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(Bloomberg) — U.S. prosecutors expanded their effort to seize assets that fugitive Low Taek Jho allegedly bought with money stolen from Malaysia’s 1MDB state investment fund, including a Paris apartment and art works by Andy Warhol and Jean-Michel Basquiat.

Forfeiture lawsuits filed Wednesday in Los Angeles seek to recover $96 million in assets, the Justice Department said in a statement. The U.S. has filed dozens of such claims over four years to seize $1.8 billion in assets from Low and alleged associates, including luxury homes in Beverly Hills, London and New York, a private airplane and a super yacht. So far, about $1.1 billion has been collected.

Among the items targeted in the latest lawsuits is a $6 million Warhol “Campbell’s Soup Can” painting and a $10 million work by Claude Monet. Prosecutors already took possession of a $4 million Basquiat self-portrait and $1 million Warhol “Round Jackie” portrait that Low gifted to others, according to the complaint.

The U.S. has sent about $600 million back to Malaysia as part of its effort to seize and liquidate the assets. That includes real estate, business investments, art work and jewelry, that Low, his family and his cronies acquired with the money they are accused of stealing from 1MDB after it was set up in 2009.

Read More: How Malaysia’s 1MDB Scandal Shook the Financial World

While Low has denied wrongdoing, he and his family last year dropped their defense of the forfeiture lawsuits that have been pending in federal court in Los Angeles, which has allowed the government to seize more than $700 million in assets. Some of the real estate, including luxury condominiums in New York and mansions in Beverly Hills, have been put on the market.

©2020 Bloomberg L.P.

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40 Random Bits of Trivia About Artists and the Artsy Art That They Articulate – Cracked.com

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40 Random Bits of Trivia About Artists and the Artsy Art That They Articulate  Cracked.com



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John Little, whose paintings showed the raw side of Montreal, dies at 96 – CBC.ca

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John Little, whose paintings showed the raw side of Montreal, dies at 96  CBC.ca



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A misspelled memorial to the Brontë sisters gets its dots back at last

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LONDON (AP) — With a few daubs of a paintbrush, the Brontë sisters have got their dots back.

More than eight decades after it was installed, a memorial to the three 19th-century sibling novelists in London’s Westminster Abbey was amended Thursday to restore the diaereses – the two dots over the e in their surname.

The dots — which indicate that the name is pronounced “brontay” rather than “bront” — were omitted when the stone tablet commemorating Charlotte, Emily and Anne was erected in the abbey’s Poets’ Corner in October 1939, just after the outbreak of World War II.

They were restored after Brontë historian Sharon Wright, editor of the Brontë Society Gazette, raised the issue with Dean of Westminster David Hoyle. The abbey asked its stonemason to tap in the dots and its conservator to paint them.

“There’s no paper record for anyone complaining about this or mentioning this, so I just wanted to put it right, really,” Wright said. “These three Yorkshire women deserve their place here, but they also deserve to have their name spelled correctly.”

It’s believed the writers’ Irish father Patrick changed the spelling of his surname from Brunty or Prunty when he went to university in England.

Raised on the wild Yorkshire moors, all three sisters died before they were 40, leaving enduring novels including Charlotte’s “Jane Eyre,” Emily’s “Wuthering Heights” and Anne’s “The Tenant of Wildfell Hall.”

Rebecca Yorke, director of the Brontë Society, welcomed the restoration.

“As the Brontës and their work are loved and respected all over the world, it’s entirely appropriate that their name is spelled correctly on their memorial,” she said.

The Canadian Press. All rights reserved.

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