As the World Economic Forum concludes, in an editorial on the Huffington Post, my colleague Mark Vlasic and I have urged the political leaders attending Davos to pay heed to an international criminal industry that is costing the world billions in financial losses, and more irreparably, destroying something with no price tag: our cultural heritage.
Right now looters are reducing countless ancient sites to rubble in their search for buried treasures to sell on the art market. The ensuing trafficking of antiquities and other stolen cultural objects reaches every corner of the globe, and experts fear, may be funding organized crime and terrorist groups. It is also a very attractive way to clean “dirty” assets in the face of otherwise strengthened anti-money laundering and counter-terrorism financing laws, which as former United States prosecutor Rick St. Hilaire notes, “are often limited when it comes to the trade in cultural property.”
For these very practical reasons, the U.S. Homeland Security Investigations (HSI), Department of Justice (DOJ), and Federal Bureau of Investigation (FBI) — as well as foreign and international law enforcement such as Scotland Yard and Interpol — are now prioritizing their efforts to fight antiquities trafficking. U.S. agents and attorneys in particular have had a recent string of successes on this front. Just this month the federal government returned $1.5 million worth of plundered statues to India. And last month, it celebrated another victory when Sotheby’s Auction House agreed to repatriate a $3 million masterpiece to Cambodia, which had been hacked by thieves from a sacred temple during the country’s bloody civil war (both stories were reported by Tom Mashberg in the New York Times here and here).