US seizes 2,200 pieces of artwork in NJ
NEWARK, N.J. – A federal prosecutor in New Jersey says the government has seized more than 2,000 works of art allegedly used to launder money raised fraudulently. They were appraised at nearly $16 million.
The U.S. Attorney’s Office in Newark announced Friday a court filing seeking to force the owner to forfeit the works, including an Alfred Stieglitz photograph that sold for $675,000. They were seized from a warehouse in July.