Why Art Theft Is Such Big Business

The Downfall Of America’s Greatest Treasure Hunter http://testu.be/1yeBL5x
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Almost 100,000 artworks are stolen every year. In 1990, two thieves stole 13 paintings, worth half a billion dollars. So, what’s the deal with art-napping?

Learn More:
After Drugs and Guns, Art Theft Is the Biggest Criminal Enterprise in the World
“June 2014, and an unusual three-day conference is taking place in the basement room of New York University’s School of Law. ”

Recovery rate for stolen art as low as 1.5%
“The rate of recovery and successful prosecution in cases of art theft is startlingly low, with one expert putting it at only 1.5% globally, The Art Newspaper has learned, underlining the challenges of identifying and returning stolen works.”

Nazi-looted Rothschild art goes to MFA
“‘Geronimo!’ That’s the message Matthew Looram cabled his mother-in-law, as the train carrying hundreds of the Rothschild family’s artworks barreled through the Austrian Alps and into Switzerland.”

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The Downfall Of America’s Greatest Treasure Hunter

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