(CN) – A man surrendered Monday on federal charges of stealing an Andy Warhol silkscreen from his employer and selling it for $220,000. James S. Biear stole the “Heinz 57 Box” silkscreen of a box of ketchup at his boss’s birthday party and told the collector to whom he sold it that his uncle had given it to him, according to federal prosecutors in Manhattan.
The silkscreen went missing after a birthday party in 2008, prosecutors said; Warhol had given the piece to the collector in 1964.
Biear, 49, of Ossining, is charged with federal mail fraud and wire fraud.
He also faces state charges of criminal possession of stolen property: a Francis Picabia ink drawing of Jean Cocteau. If convicted, he faces up to 40 years in prison and up to $440,000 in fines on the state charges, and 15 years on the state charge in Westchester County Court