Argentine court clears return of Nazi-looted portrait worth $400,000 Australian. A portrait looted from a Jewish art dealer in WWII will be given back to the owner's heir, after a deal where the daughter of a fugitive Nazi official agreed to drop her claim. Portrait of a Lady, by Italian baroque painter Giacomo Ceruti, had been missing for eight decades. But its existence was revealed last year, after being photographed hanging in the home of the daughter of a senior Nazi officer, who had fled to Argentina after World War II.