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Real Estate Listing Reveals Looted Art

Your unbiased daily news brief

August 27, 2025

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In Today’s Brief

  • Wisconsin: Death hoax

  • Australia: Confronts Iran

  • California: Senate speculation

  • Lisa Cook: Legal action

  • MLB: Early opener

... and more

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The Top Tip

Keen eyes

A painting stolen by the Nazis may have been unearthed in extremely modern fashion.

  • The news: An online real estate listing in Argentina appears to show an 18th-century painting that was looted in the Netherlands during World War II. The home being sold is owned by the daughter of Friedrich Kadgien, a Nazi aide who fled to South America.

  • Go deeper: Italian artist Giuseppe Ghislandi’s Portrait of a Lady is on the Dutch government’s official list of stolen works. It was taken from Jacques Goudstikker, a Jewish art collector who helped other Jews flee Europe during the Holocaust.

  • The theory: Kadgien worked for Luftwaffe head Hermann Goering; it is believed Goering took possession of the painting and it eventually was given to Kadgien’s family. Officials believe a second looted piece was spotted on a social media account for another one of Kadgien’s daughters.

  • Big picture: Goudstikker’s surviving family plans to fight to retrieve the piece. Kadgien’s daughter denied she knew of the painting when contacted by a reporter. Some estimates say 100K pieces of art stolen by Nazis remain missing.

Quick Tips

U.S. News

  • A Wisconsin man who faked his own death and fled to Europe will serve 89 days in jail. Ryan Borgwardt, a married father, will also pay a $30K fine; he staged a kayaking accident and was found in Georgia after officials discovered he made contact with Canadian border guards (More)

  • California police busted a $10M Home Depot theft ring. Over a dozen people were arrested; the operation is linked to 600 thefts at 71 of the home improvement retailer's locations in the state (More)

  • President Donald Trump said he wants the death penalty sought in Washington D.C. murder cases. The district has not had an execution since 1951 and the Supreme Court, City Council and voters have all moved against it since then (More)

World News

  • Australia accused Iran of orchestrating antisemitic arson attacks inside the country. Prime Minister Anthony Albanese said his government will cut off diplomatic ties with Tehran, expelling the regime's ambassador (More)

  • Armed civilians in Columbia have kidnapped 34 government soldiers. They were taken hostage after a military operation against a dissident faction of FARC; some rebels continue hostilities despite a 2016 peace deal (More)

  • Botswana declared a public health emergency due to equipment and medicine shortages. U.S. aid cuts and a sagging global diamond economy have impacted the African nation (More)

Political News

  • California Sen. Alex Padilla is reportedly considering a gubernatorial run. The Democrat's term does not end until 2029, so he would not need to resign to launch his campaign (More)

  • A Utah judge has tossed the state's congressional maps, instructing legislators to redraw the lines in accordance with a new state law. President Trump is pushing Indiana Republicans to redraw that state's maps (More | More)

  • Trump's longest-tenured aide will handle White House staffing. Deputy Chief of Staff Dan Scavino will take over as Presidential Personnel Office Director (More)

Business & Markets

  • Major indexes closed higher yesterday. The Dow Jones jumped over 100 points after a rough start to the week (Dow+0.30%, S&P 500 +0.41%, Nasdaq +0.44%).

  • Federal Reserve board member Lisa Cook will sue over President Trump's attempt to fire her. The central bank said it will abide by any court decision regarding whether Trump has legal cause to remove her based on a criminal referral for alleged mortgage fraud; the House Financial Services Committee will probe the accusations (More | More)

  • Kroger will reportedly lay off about 1K corporate workers. The grocery store chain previously announced plans to close about 60 underperforming locations by 2027 (More)

Entertainment & Sports

  • Major League Baseball will have its earliest non-international Opening Day ever next year. The San Francisco Giants will host the New York Yankees on March 25; the other 28 teams will play the following day (More)

  • The Masters has changed its automatic qualifier criteria. The champions of the Australia, Hong Kong, Japan, Scottish, Spanish and South Africa Opens will now all earn invitations to the tournament (More)

  • General Motors' Cadillac Formula One team named its drivers. Ten-time Grand Prix winner Valtteri Bottas and six-time winner Sergio Perez will anchor the team's first season on the race circuit next year (More)X