New Arrest in Inquiry on Art Looting

13 Oct 2013 12:59 PM | Anonymous

New Arrest in Inquiry on Art Looting

The Manhattan district attorney’s office and federal authorities have expanded their investigation into antiquities smuggling by Subhash Kapoor, a longtime Upper East Side art dealer who is accused of selling looted items from India that have ended up in private collections and museums around the world.

On Monday, the district attorney’s office charged Mr. Kapoor’s sister, Sushma Sareen of Rockville Centre, N.Y., with hiding four bronze statues of Hindu deities, together valued at $14.5 million, so they could not be seized by the authorities.

Mr. Kapoor, owner of the Art of the Past gallery on Madison Avenue at 89th Street, has been jailed in India in the case since last year. In four raids in 2012, investigators found more than $100 million worth of Indian antiquities at sites associated with Mr. Kapoor, the authorities said.

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