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Feds Raid Manhattan Art Storage Facility for Stolen Goods

29 July 2012
The contents of a storage facility linked to dealer Subhash Kapoor have been confiscated by federal agents.
The contents of a storage facility linked to dealer Subhash Kapoor have been confiscated by federal agents.
(U.S. Immigration and Customs Enforcement)

Federal authorities have seized a haul of Indian antiquities valued at $20 million from the storage facility of an Upper East Side art dealer.

Mostly consisting of statues, the cache allegedly was taken from Indian temples.

Subash Chandra Kapoor, 63, owner of the Art of the Past gallery on Madison Avenue, was arrested on an Interpol warrant last fall and currently is in custody in his native India on a related case of antiquities theft.

He has been cahrged with receiving stolen goods.

Reports say the artifacts were largely taken from Indian religious sites, shipped to Hong Kong and then New York.

Museums are now being asked by federal officials to review their collections for pieces linked to Kapoor.

Read more at New York Post
Categories: Asian art, asian antiques
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