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Matisse Thief Fined: A burglar who broke into the former apartment of artist Henri Matisse in Nice, France, and stole a cache of paintings last December has been fined $1.6 million for damaging the works. The Correctional Tribunal of Nice also handed down a three-year suspended sentence to Frank Cochet, who stole $12.9 million in paintings. Police said Cochet damaged several works as he ripped them out of their frames. Art restorers said the damage done to the works would require the amount of the fine to repair. The damage to “Pink Nude” alone depreciated its value from $4.3 million to $1.2 million.
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