U.S. authorities announced that they secured a $12 million forfeiture agreement from the daughter of accused antiquities smuggler Douglas Latchford, a man federal prosecutors say was a key figure in the decades-long ransacking of ancient Cambodian temples.
“For years, Douglas Latchford made millions from selling looted antiquities in the U.S. art market, stashing his ill-gotten gains offshore,” U.S. Attorney Damian Williams said in announcing the forfeiture agreement. “This historic forfeiture action and settlement shows that we will be relentless in following the money wherever it leads to fight the illicit trade in cultural patrimony.”
Some art historians and researchers who have tracked the trade in stolen Asian antiquities praised the settlement. “What we learned through the Pandora Papers investigation is the magnitude of Latchford’s wealth,” said Angela Chiu, an art historian. In that light, “the fact that they are going to forfeit $12 million appears modest. But this is a landmark forfeiture. It’s a signal that U.S. authorities are sending. They’re not just going to seize the artworks. They’re going after the ill-gotten gains these smugglers have made.
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