art market Archives

Money Laundering and the Trade in Cultural Property: Taking a Fresh Look at Federal AML/CTFs

ByRick St. Hilaire January 25, 2014April 27, 2023

Mark Vlasic, former head of the Stolen Asset Recovery Initiative, noted in Thursday’s Huffington Post blog post titled “An Allied Effort to Save History” that after the post-9/11 crackdowns on terrorist financing, law enforcement has…

art market | forfeiture actions | money laundering

Prosecutors Seize and Petition to Forfeit Artworks Linked to Money Laundering

ByRick St. Hilaire April 1, 2013April 27, 2023

U.S. Attorney Paul Fishman Federal prosecutors have seized and petitioned to forfeit 14 crates of art allegedly used to launder money. In the case of U.S. v. Various Pieces of…

antiquities trafficking | art market | imports | legislation | looted antiquities

Spotlighting Black Market Antiquities with Record Keeping Laws

ByRick St. Hilaire February 6, 2013April 27, 2023

Antiquities traffickers make their money by selling artifacts bulldozed from archaeological sites, sawed from ancient tombs, and chiseled from revered temples. Fences often convert these legacies of civilization into cash…

art market

Is the Art Market Gaining Traction?

ByRick St. Hilaire February 4, 2010May 2, 2023

Breaking the record for the sale of art at an auction, an unidentified buyer purchased “Walking Man 1” by Alberto Giacometti (see image at http://www.suite101.com/view_image.cfm/499373) at a Sotheby’s auction in…

art market

Old Masters Week at Sotheby’s NY

ByRick St. Hilaire January 23, 2010May 2, 2023

Old Masters Week is currently going on at Sotheby’s in New York. You can see the events going on at http://www.sothebys.com/minisite/omp/2010/newyork/winter/event.html ©2010-2022 Cultural Heritage Lawyer Rick St. Hilaire. Content discussing…