Hedge Fund Icon Avoids Prosecution By Giving Up $70 Million Worth Of Stolen Art – IOTW Report

Hedge Fund Icon Avoids Prosecution By Giving Up $70 Million Worth Of Stolen Art

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Hedge-fund pioneer and philanthropist Michael Steinhardt has surrendered 180 stolen antiquities currently valued at $70 million and has been banned for life from acquiring antiquities, Manhattan District Attorney Cyrus Vance Jr. said Monday.

The surrender of the items comes after a probe that began in 2017 into Steinhardt’s “criminal conduct,” the DA’s office said in a statement announcing an agreement with the billionaire to give up the artwork. More

4 Comments on Hedge Fund Icon Avoids Prosecution By Giving Up $70 Million Worth Of Stolen Art

  1. Receiving stolen property gets little people prison time. The wealthy, not so much.

    Committing felonies while employed by the federal government only requires resignation to clear the slate.

    None of this will get fixed by voting.

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  2. Antiquities? Old crap that belonged to other societies collectively, and someone today is shouting, after the fact, “that belongs in a museum!”

    Hardly theft, Indy.

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  3. anything the far-Left Cy Vance Jr does is automatically suspect. He has repeatedly used his office to corruptly go after people whose politics he despises. The man is disgusting.

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