British & Swiss police recover 15th-century Ming vase worth $2.5 mn in a sting operation

economictimes.indiatimes.com:

sting operation at a London hotel helped authorities recover a 15th-century Chinese vase worth about 2 million pounds ($2.5 million) and break up the criminal ring believed to have stolen the artifact from a Swiss museum, British police said Saturday.

The vase, which dates to the Yongle period of the Ming Dynasty, was one of three items stolen from the Museum of Far Eastern Art in Geneva in 2019.

The Metropolitan Police Service made the announcement after a London court on Friday found two men guilty of charges related to the gang's effort to sell the vase. A third man pleaded guilty to similar charges earlier this year, and two other men who were arrested in London are awaiting trial in Switzerland for their alleged role in the burglary.

All five are from southeast London.

«The organised crime group involved in this offending believed they could commit significant offenses internationally and that there would be no comeback,'' said Detective Chief Inspector Matt Webb, from the Met's Specialist Crime unit. „They were mistaken, highlighting the strength of our relations with international law enforcement partners and our ability to work across international boundaries.''

London police said they worked with Swiss authorities on the investigation after an auction house alerted them that someone had e-mailed them seeking a valuation for the stolen vase.

Officers working undercover offered to buy the vase for 450,000 pounds ($573,000) and agreed to make the buy at a central London hotel, where the first suspect was arrested.

Police have offered a 10,000 pound ($12,734) reward for information leading to the recovery of a “doucai-style» wine cup with chicken decorations that was also stolen from the Geneva museum.