Artwork found in police raid on home of alleged con artist involved in heist built around bogus predictions of phoney clairvoyant

A painting by one of Brazil’s most celebrated artists – the pioneering modernist Tarsila do Amaral – has been found stashed under the bed of an alleged trickster who was part of a multimillion pound art heist built around the bogus predictions of a phoney clairvoyant.

The artwork, worth an estimated 300m reais (£48m), was reportedly found in Rio on Wednesday morning during a police operation targeting a gang of con artists who had preyed on the elderly widow of an art dealer and collector.

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