Artifacts seized from US billionaire Michael Steinhardt among 142 looted items returned to Italy

CNN (07/21/2022)
  • US authorities recently returned 142 artifacts (worth $14M) that were illegally obtained to Italy.
  • The artifacts included a 2,000 year old fresco painting depicting Hercules that was looted in 1995.
  • Over 1/3 of the artifacts were held by American hedge fund manager Michael Steinhardt.
  • Following years of investigation, Steinhardt has surrendered 180 stolen artifacts worth $70M to countries including Iraq, Israel and Turkey.
  • To avoid charges, Steinhardt has also agreed to a lifetime ban on acquiring antiquities.