
Photo: Robles Casas & Campos.
The painting by Italian artist Giuseppe Ghislandi in a living room in Mar del Plata. The 18th-century painting ‘Portrait of a Lady’ (Contessa Colleoni) was stolen by an SS officer and rediscovered this year in Argentina.
Guilty secrets don’t stay hidden forever. It may take a long time, as in today’s story about Nazi loot, but more often than not, truth eventually surfaces.
Facundo Iglesia and Jon Henley write at the Guardian, “There was nothing very remarkable about the middle-aged couple who lived in the low, stone-clad villa on calle Padre Cardiel, a quiet residential street in the leafy Parque Luro district of Argentina’s best-known seaside town, Mar del Plata.
“Patricia Kadgien, 59, was born in Buenos Aires, five hours to the north. Her social media described her as a yoga teacher and practitioner of biodecoding, an obscure alternative therapy that claims to cure illness by resolving past traumas.
“Her husband, Juan Carlos Cortegoso, 61, built and raced go-karts. Like many in this neighborhood, the couple were comfortably off, and discreet. …
“Then, last month, they put their house up for sale. A photographer from a local estate agent, Robles Casas y Campos, came round to shoot the spacious, elegantly furnished interiors. The pictures went up. And their quiet existence came crashing down.
“The fifth photograph on the agency’s listing showed a general view of the villa’s living room. Hanging on the wall, above a buttoned sofa in plush green velvet and next to a polished antique commode, was a highly distinctive oil painting of a woman.
“More than [6,000 miles] away, the Dutch news outlet AD had, for several years, been quietly investigating the fate of old master paintings looted by the Nazis and still listed by the Dutch culture ministry as ‘unreturned‘ after the second world war.
“Journalists had made several attempts to speak to Patricia Kadgien, the owner of the property, and to her elder sister, Alicia, the daughters of a high-ranking Nazi official Friedrich Kadgien, who was known to have settled in Argentina after the war.
“Their calls and messages had consistently gone unanswered, or been rebuffed. But then a Dutch reporter based in Buenos Aires, Peter Schouten, went knocking on the door of the villa – and spotted a ‘for sale’ sign.
“What followed, after Schouten and his colleagues in Rotterdam clicked on the link to the property and instantly recognized the work, made headlines around the world as the story unfolded of the unlikely recovery of an 18th-century portrait missing for 80 years. …
“After the media reports of the work’s likely location, and before a police search, the couple had tried to obstruct the investigation, the prosecutor argued, by taking down the online property listing and for sale sign and replacing the portrait with a tapestry.
“Despite knowing they were under investigation, it was alleged that the defendants had also attempted a civil action claiming the painting was rightfully theirs, turning it over only after they were placed under house arrest and facing further police raids.
“Through their lawyer, Kadgien and Cortegoso have denied concealment, saying they had always been willing to hand over the painting, and obstruction, arguing that their civil action was aimed at establishing ownership and not at hiding the artwork. …
” ‘Portrait of a Lady’ belonged to Jacques Goudstikker, a Jewish-Dutch art dealer who fled Amsterdam in mid-May 1940 to escape the Nazis, but died after falling through an open hatch into the hold of the SS Bodegraven, the ship carrying him to the UK.
“Goudstikker carried with him a notebook detailing his collection of more than 1,100 artworks, including pieces by Rubens, Giotto, Titian, Rembrandt and Van Gogh, all of which were snapped up for a fraction of their value by Nazi officials.
“Some were later recovered and displayed as part of the Dutch national collection in the Rijksmuseum, before 202 works were restored to the dealer’s sole heir, his daughter-in-law, Marei von Saher, in 2006. ‘Portrait of a Lady’ was not among them. …
“Born in 1907, Kadgien joined the Nazi party in 1932 and the SS in 1935. By 1938, he was a special representative working for Göring on the four-year economic plan drawn up by Adolf Hitler to rearm Germany and prepare it for self-sufficiency by 1940. …
“Kadgien ‘confiscated a large amount of property from Jewish merchants, including jewelry and diamonds in Amsterdam, and oversaw the sale of expropriated shares and securities through banks and front companies in Switzerland’ [federal prosecutor Carlos Martínez] said.
“He fled to Zurich early in 1945, then to nearby Baden, where in 1948 he set up a successful finance and trading firm, Imhauka. With pressure growing after questioning by Swiss and US investigators, Kadgien left for South America in 1949. …
“Kadgien resurfaced in Rio de Janeiro in 1951, settling in the Santa Teresa district and establishing a Brazilian branch of Imhauka. … Imhauka secured valuable contracts with Juan Perón’s government, including acting as an intermediary for major German engineering firms such as Siemens. …
“The fate of ‘Portrait of a Lady,’ which will be registered with Argentina’s supreme court, is now uncertain. Prosecutors have requested it be held, but not displayed, at the Holocaust Museum in Buenos Aires while its ultimate ownership is determined. This week von Saher, Goudstikker’s heir, lodged a legal claim to the work with the FBI in New York.”
More at the Guardian, here. No firewall.

Wow. A photograph for a real estate listing leads to an international reckoning…
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People sure get careless. Truth will out.
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It was the Dutch newspaper AD tipped by me on the location of where the painting might be. I have investigated Kadgien for over 12 years after that I found the dairies of my father from WWIIin which he described the diamond-robbery by the Nazis out of Amsterdam in 1942.
There are still lots of secrets which can be published on Kadgien and I think also the investigation by the US-Senate on the Swiss Bank UBS should bring the name of Kadgien to the surface.
If needed I can share details
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Oh, my goodness! Thank you! Please share a couple things people should know.
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“Kadgien left for South America in 1949. …” is not true.
First the US-Ambassador in Paris, Jefferson Caffery, typed Kadgien as not a real nazi, with large accounts abroad and can be useful to us. Kadgien was interrogated by the American Legation on Sept. 6 and Sept. 11, 1945. The same day (Sept. 11, 1945!!!) his Swiss companion Ernst Imfeld of Swiss company Petrola (with whom Kadgien worked together during WWII to supply Switzerland with oil etc..) went by plane (via Paris…) to Washington for ‘Governmental businesses’
(Attention: Allan Dulles was in Switzerland during WWII as head of the OSS – precursor of the CIA – of which he was director)
After his return Imfeld, Kadgien and another companion Ludwig Haupt established the firm Imhauka S.A. and opened a branch-office in Tangier. Later, in 1948, Imfeld returned to the USA for negotiations. End of 1948 Kadgien applied for a visa for Brazil (the country where Jefferson Caffery was US-Ambassador until 1944 when he moved to France).
On January 15, 1950 Kadgien returned by plane from a visit to Rome (Vatican…) and his visa for Brazil was approved on January 21, 1950 (…..) In february 1950 Kadgien went to Genoa (Italy) where he got on the boat (Anna C.) and escaped Europe via Montevideo into Brazil and finally to Buenos Aires.
Her the firm Imhauka Argentina (and also Imhauka Brazil) was established. This made it possible to transfer money out of Europe (Swiss Banks) – accounts on name Kadgien and/or Imhauka (?)- into the accounts of Imhauka in South-America.
Imhauka Tangier has been used to transfer goods out of Europe and maybe the painting Portrait of a Lady was part of this.
Later Kadgien showed up in Colombia (in 1952) just before the coup took place what brought Rojas Penilla to power (he was pro-USA) in a time the USA was afraid of the upcoming communism in Latin-America.
The fact that Kadgien was so long invisable is the fact that the plan was discussed by Ernst Imfeld with the US authorities. Was the fact Kadgien settled down in South-America in the interest of the USA?
I have tried to find records of Kadgien within the US-archives but only some common files are available. My FOIA requests on records in the CIA-files are denied and also OGIS – organization that can mediate between requestor and CIA could not help.
There are lots of my
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So interesting. Thanks!
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