Cornelius Gurlitt

In 2010, an elderly man named Cornelius Gurlitt in Germany was investigated for having large sums of cash and since he was unemployed and with no obvious means of income, in September 2011 the prosecutor obtained a warrant to investigate his small flat in Schwabing, Munich. In late February 2012, when checking the premises, they discovered more than a thousand pieces of art, with a present estimated value of up to €50 million. The artworks were suspected of being looted by the Nazis around World War II.