US billionaire surrenders $70m of stolen art
by Dalya Alberge from US news | The Guardian on (#5SRQ3)
Michael Steinhardt displayed rapacious appetite for plundered artefacts', says district attorney
An American hedge-fund billionaire has surrendered 180 looted and illegally smuggled antiquities valued at $70m and been handed an unprecedented lifetime ban on acquiring other relics as part of an agreement with the Manhattan district attorney's office.
Michael Steinhardt, one of the world's largest collectors of ancient art, displayed a rapacious appetite for plundered artefacts", the district attorney Cyrus Vance Jr said on Monday.
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