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Archive - Nov 6, 2013 - News Article

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German art hoard held unknown Chagall, Matisse

November 6, 2013

AUGSBURG, Germany (AP) — It started with a routine check by German tax inspectors — and resulted in the discovery of an art hoard so vast and spectacular that no one yet knows how the story truly ends.

On a high-speed train from Zurich to Munich on Sept. 22, 2010, Germany's briskly polite officialdom was on the lookout for customs and tax cheats. Thousands of German citizens had bank accounts in Switzerland, many of them undeclared, and the route from Zurich was a prime target for those carrying substantial sums of cash.

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