Hobby Lobby Settles With U.S. DOJ

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Published on 6 Jul 2017, 1:42
National arts and crafts retailer Hobby Lobby is to forfeit thousands of ancient artifacts that were illegally smuggled into the country from the Middle East.
Under the terms of the settlement filed in U.S. District Court in Brooklyn, New York, Hobby Lobby Stores has agreed to forfeit the antiquities, which originated from the region of modern-day Iraq, as well as $3 million.
Prosecutors say that Hobby Lobby, which is based in Oklahoma City, began assembling a collection of historically significant manuscripts, antiquities and other cultural materials in 2009.
An expert on cultural property law retained by Hobby Lobby cautioned company executives that artifacts from Iraq could have been looted from archaeological sites, advising the company to verify that those being sold had been obtained legally.
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