Steinhardt Returns 180 Items
By Micah Halpern
Wednesday December 8, 2021
An agreement was reached in Manhattan Supreme Court. The agreement has Michael Steinhardt agreeing to return 180 antiquities, objet d’art that he innocently, bought not knowing that they were stolen.
The 180 items were valued at $70 million.
In addition, Steinhardt agreed to never again collect antiquities.
Steinhardt is a major Jewish philanthropist. He is the co-founder of Birthright, the organization that brings young adults to Israel for the first time in their lives.
It is essential to know that the antiquities world is filled with ugly, nefarious and underhanded deals. This agreement acknowledges that Michael Steinhardt did not steal nor did he commission theft. He bought the items from authorized dealers.
But it is illegal to purchase stolen goods, even if you do not know that they were stolen.
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9 December 2021 11:57 PM in Thoughts
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