|“Modern Painting with Yellow Interweave”, Roy Lichtenstein|
Art crime does not just include the theft of works of art or the looting of antiquities. The value and portability of works of art make them a very convenient way to launder money as well.
I am quoted in a piece for NPR affiliate WNYC discussing the return of two objects to Brazil.
This work by Roy Lichtenstein and another work by Joaquin Torres-Garcia were returned to the government of Brazil today during a ceremony in New York (press release). The works were once owned by the disgraced Brazilian banker Edemar Cid Ferreira who was convicted and sentenced to 21 years in prison in 2006 for financial fraud.
A judge in Brazil ordered Ferreira to surrender his unlawfully-gained assets. In an attempt to conceal some of these assets, these works were shipped to the Netherlands and then to New York where they were sold to unsuspecting buyers. The paperwork accompanying these works valued them at only $200, while they may be worth as much as $12 million.
This is an example of the use of civil forfeiture in policing the art and antiquities trade. The “Portrait of Wally” settlement reached earlier this summer was also reached via forfeiture. Forfeiture allows prosecutors to bring a suit against an object which was part of a crime, and all claimants to the object come forward to challenge the forfeiture. It is a powerful tool for prosecutors, as the burden of proof is far lower than the typical “beyond a reasonable doubt” standard typically involved in prosecutions. Historically, federal prosecutors have intervened on behalf of origin nations or claimants when they have potential claims. Yet it has also been a useful tool in policing organized and white collar crimes.
- Marlon Bishop, Lichtenstein and Torres García Paintings On the Way Back to Brazil, WNYC, September 21, 2010, http://culture.wnyc.org/articles/features/2010/sep/21/us-returns-brazilian-art/ (last visited Sep 21, 2010).
- Erica Orden, U.S. Returns Valuable Paintings Seized From Ex-Banker to Brazil, wsj.com, September 21, 2010, http://online.wsj.com/article/SB10001424052748704129204575506181973997368.html (last visited Sep 21, 2010).