Picasso Painting Stolen From Paris Museum Of Modern Art - A thief stole five paintings valued at more than $124 million, in an overnight heist. The museum's alarm system had been broken since March 30 in some rooms, Paris Mayor said in a statement. The stolen works of art, which were cut from their frames, are Picasso, Amedeo Modigliani, Georges Braque, Henri Matisse and Fernand Leger's art work.