A man accused of stealing a valuable Picasso drawing from a San Francisco gallery had about $500,000 worth of other stolen artwork
in his New Jersey apartment, including another Picasso, police said on Thursday.
Authorities raided the Hoboken home of Mark Lugo on Wednesday after Lugo made a phone call Tuesday from the San
Francisco jail to a female friend in Pennsylvania, Hoboken police Detective Sgt. Edwin Pantoja said.
Armed with a search warrant, authorities said they found a Picasso drawing worth $350,000 that had been reported
stolen from a New York hotel, among six other pieces around Lugo's apartment.
“The Picasso was hanging on his wall,” Pantoja said. “The others were displayed all over his apartment.
He had a nice little gallery going on.”