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NEW YORK: Billionaire hedge fund manager Michael Steinhardt has agreed to turn over $70 million worth of stolen antiquities and will be subject to an unprecedented lifetime ban on acquiring antiquities, the Manhattan district attorney announced Monday.
Michael Steinhardt, 80, agreed the deal with the Manhattan District Attorney meaning he will avoid trial but be banned from buying antiques on the legal market.
NEW YORK (AP) — Billionaire hedge fund manager Michael Steinhardt has agreed to turn...
Hedge fund founder and Jewish philanthropist accepts deal that will see him barred for life from owning antiquities after investigators found he bought over 1,000 stolen objects
Michael Steinhardt ‘displayed a rapacious appetite for plundered artefacts without concern for the legality of his actions’, lawyers said.