Cultural Artifacts and Artwork Stolen From Russia

in Business Risk

The Interior Ministry of Russia estimates that nearly $1 Billion worth of cultural artifacts and artwork has been stolen from Russian and smuggled to the black market during the past 15 years.

Interpol stated that museums in Russia had the most artwork stolen from their property, ahead of museums in France, Germany and Italy.  A government commission found that in 2008 nearly 160,000 artworks were unaccounted for.

(Additional stolen artifacts and looting.)

Source:  Daryana Antipova, “Russia tops European countries in art theft,” Russia Beyond The Headlines, September 14, 2013.

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