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Subhash Kapoor: Steal, Smuggle, Sell
Subhash Kapoor, once a celebrated figure among New York’s elite art dealers, was renowned for sourcing museum-quality antiquities. But beneath this polished reputation lay a dark empire built on stolen treasures. In April 2024, the world saw the return of 30 priceless artifacts, valued at $3 million, to Cambodia and Indonesia—just a fragment of a far-reaching story. Two years earlier, in 2022, 192 looted artifacts were returned to Pakistan. That same year, over 300 stolen relics, worth nearly $4 million, were repatriated to India.
Kapoor's fall from grace began in 2011 with his arrest on trafficking charges, which unraveled an extensive global smuggling network. Investigations revealed a web of illicit operations spanning Afghanistan, Cambodia, India, Pakistan, Nepal, and Thailand. Over a decade, authorities seized approximately 2,600 stolen artifacts from Kapoor’s New York storage units, each bearing falsified provenance. The value of these recovered treasures exceeded $143 million, with countless more still missing. In 2019, Kapoor was also indicted in New York, charged with conspiring to traffic stolen antiquities alongside seven co-defendants. The investigation by the district attorney's office and Homeland Security Investigations highlighted the staggering scale of Kapoor’s operations.