Search
Close this search box.

Home of the best experts

News, Regulation, enforcement & litigation
By Gontran de Quillacq
On December 9, 2021

D.A. Vance: Michael Steinhardt Surrenders 180 Stolen Antiquities Valued at $70 Million

Art is an expression of beauty, proficiency, creativity, or emotions. It is also an asset class and an investment. Like all investments, art has its fraudsters.

Michael-Steinhardt-Surrenders-180-Stolen-AntiquitiesArt is an expression of beauty, proficiency, creativity, or emotions.

It is also considered an asset class and an investment.

Like all investments, art has its fraudsters.

An illustrious hedge fund honcho (Michael Steinhardt) has been collecting looted antiquities, with zero regards to their origins, nor the cultural and criminal consequences of his purchases.

He now has to surrender 180 pieces, estimated at $70m. He has received a lifetime ban on acquiring antiquities.

 

d-a-vance-michael-steinhardt-surrenders-180-stolen-antiquities-valued-at-70-million

Leave a Reply

Your email address will not be published. Required fields are marked *


News
We would like to express our heartfelt thanks to you, our clients, for your continued and growing business with us.We're also excited to share some...
Derivatives
Investments & markets
The CFTC just fined Goldman for failure to properly disclose prices fairly to clients. And it's all about a technical issue related to the timing of...
Investments & markets
News
Silicon Valley Bank (SVB) defaulted on Friday. At $212 bn of assets, it is the largest failure since 2008, and probably one of the fastest -...
News
The financial industry is a legal and compliance minefield for its million+ members. Through the Financial Professionals Coalition, Stephen Kohn, Bill Singer, and a talented group of...
Investments & markets
News
Xi Jinping's new leadership team will maintain the current direction. And China's GDP will slow; the Chinese economy is unlikely to reach that of the US...
News
Regulation, enforcement & litigation
Johnson & Johnson has spent billions on cases about one of its most popular products - talcum powder. As its executives try a brazen new legal...