Sunday, August 10, 2025
No Result
View All Result
Crypeto News
Smarter_way_USA
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
Crypeto News
No Result
View All Result

Douglas Latchford’s estate hands over $12m to settle US trafficking case

by crypetonews
June 23, 2023
in NFT
Reading Time: 3 mins read
0 0
A A
0
Home NFT
Share on FacebookShare on Twitter



The daughter of late antiquities dealer Douglas Latchford has agreed to pay $12m and hand over a 7th century Vietnamese sculpture from her father’s estate to settle a civil case that alleged Latchford made millions from selling stolen artefacts.

Latchford’s daughter, Julia Copleston, inherited from her father more than 125 statues and gold relics that authorities allege were looted from Cambodia, as well as money. In 2021, Copleston agreed to return the 125 objects to Cambodia.

The deal with prosecutors will resolve claims that her father transferred proceeds from the sale of stolen antiquities to offshore bank accounts in the Bailiwick of Jersey, a self-governing region of the UK, according to the Department of Justice.

Latchford’s daughter also agreed to hand over a bronze sculpture of the Hindu goddess Durga, which dates back to the 7th century. Latchford allegedly purchased the sculpture with “tainted funds”, according to the Justice Department, after it was stolen from Vietnam in 2008. In an email thread seen by investigators, Latchford said the sculpture was from the My Son sanctuary, a Unesco World Heritage site in Vietnam.

Between 2003 and 2020, Latchford received more than $12m in UK and New York bank accounts as payment for selling stolen and smuggled antiquities from Southeast Asia to buyers and dealers in the US, the Justice Department said. Latchford allegedly then transferred at least $12m in those illegally derived funds to his Jersey bank account.

“For years, Douglas Latchford made millions from selling looted antiquities in the US art market, stashing his ill-gotten gains offshore. This historic forfeiture action and settlement shows that we will be relentless in following the money wherever it leads to fight the illicit trade in cultural patrimony,” US. Attorney Damian Williams said in a statement.

Latchford was indicted on charges of wire fraud conspiracy and other crimes in 2019 over accusations that he for decades had sold looted Cambodian antiquities on the international art market. Latchford allegedly created false provenance, invoices and shipping documents, and misrepresented works’ countries of origin and years of excavation. Prosecutors at the time said Latchford first raised eyebrows in 2011 when Cambodia claimed a 10th-century statue of the Khmer warrior Duryodhana up for auction at Sotheby’s in New York had been looted from a temple complex in Koh Ker, a remote archaeological site. The statue was pulled from auction and later returned to Cambodia after a legal battle, during which authorities accused Latchford of helping to move the work. The indictment was dismissed after Latchford died in 2020 at age 89 in Bangkok.

Institutions including the Metropolitan Museum of Art in New York, the Cleveland Museum of Art, the Norton Simon Museum in Pasadena and the Denver Art Museum have all returned objects with links to Koh Ker. Latchford’s trafficking activities are the subject of the recent Dynamite Doug podcast.



Source link

Tags: 12McaseDouglasEstateHandsLatchfordsSettletrafficking
Previous Post

BITCOIN FLASHING *BIG ALERT*!!!!! – NOBODY COULD'VE EXPECTED THIS…[actually big]

Next Post

Binance Updates Maker Fees for P2P Fiat Markets

Related Posts

Power and Portability Meet In This Near-Mint 13″ MacBook Pro
NFT

Power and Portability Meet In This Near-Mint 13″ MacBook Pro

August 9, 2025
I Asked ChatGPT’s New Agent What to Post Next — It Got 50,000 Views in 48 Hours
NFT

I Asked ChatGPT’s New Agent What to Post Next — It Got 50,000 Views in 48 Hours

August 9, 2025
Relocation of popular public sculpture called off after Vancouver residents claim it would block their views – The Art Newspaper
NFT

Relocation of popular public sculpture called off after Vancouver residents claim it would block their views – The Art Newspaper

August 8, 2025
Apple CEO Tim Cook Says He Wants to Buy Startups
NFT

Apple CEO Tim Cook Says He Wants to Buy Startups

August 8, 2025
Mexico City’s Muac damaged during anti-gentrification protest – The Art Newspaper
NFT

Mexico City’s Muac damaged during anti-gentrification protest – The Art Newspaper

August 8, 2025
Ancient stone carvings uncovered on Hawaiian beach – The Art Newspaper
NFT

Ancient stone carvings uncovered on Hawaiian beach – The Art Newspaper

August 8, 2025
Next Post
Binance Updates Maker Fees for P2P Fiat Markets

Binance Updates Maker Fees for P2P Fiat Markets

How generative AI can help finance and accounting professionals

How generative AI can help finance and accounting professionals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Discoveries at site of Isaac Newton’s mother’s home shed new light on world he grew up in – The Art Newspaper
NFT

Discoveries at site of Isaac Newton’s mother’s home shed new light on world he grew up in – The Art Newspaper

by crypetonews
August 7, 2025
0

Relics of the fragmented family life that helped to shape one of the great scientific minds have emerged from the...

 Billion in Crypto Fraud: How Pig Butchering and Rug Pulls Steal Millions

$60 Billion in Crypto Fraud: How Pig Butchering and Rug Pulls Steal Millions

August 5, 2025
Custodia Bank founder Caitlin Long dives into Trump’s debanking executive order

Custodia Bank founder Caitlin Long dives into Trump’s debanking executive order

August 9, 2025
SEC staff statement on liquid staking may pave way for staking in spot Ether ETFs

SEC staff statement on liquid staking may pave way for staking in spot Ether ETFs

August 6, 2025
XRP gains legal clarity in US after Ripple settles SEC case

XRP gains legal clarity in US after Ripple settles SEC case

August 8, 2025
Two-Time Best of Show Winner Array Acquires Fellow Finovate Alum MoneyKit

Two-Time Best of Show Winner Array Acquires Fellow Finovate Alum MoneyKit

August 4, 2025

Please enter CoinGecko Free Api Key to get this plugin works.
  • Trending
  • Comments
  • Latest
Top 10 NFTs to Watch in 2025 for High-Return Investments

Top 10 NFTs to Watch in 2025 for High-Return Investments

November 22, 2024
Uniswap v4 Teases Major Updates for 2025

Uniswap v4 Teases Major Updates for 2025

January 2, 2025
Enforceable Human-Readable Transactions: Can They Prevent Bybit-Style Hacks?

Enforceable Human-Readable Transactions: Can They Prevent Bybit-Style Hacks?

February 27, 2025
Best Cryptocurrency Portfolio Tracker Apps to Use in 2025

Best Cryptocurrency Portfolio Tracker Apps to Use in 2025

April 24, 2025
What’s the Difference Between Polygon PoS vs Polygon zkEVM?

What’s the Difference Between Polygon PoS vs Polygon zkEVM?

November 20, 2023
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims

July 18, 2025
XRP Official CRYPTO VOTE LIVE NEWS!🔴GENIUS, CLARITY Act

XRP Official CRYPTO VOTE LIVE NEWS!🔴GENIUS, CLARITY Act

46
IMP UPDATE : BILLS PASSED || BITCOIN DOMINANCE FALLING

IMP UPDATE : BILLS PASSED || BITCOIN DOMINANCE FALLING

38
🚨BIG UPDATE ON WAZIRX || ALT COIN PORTFOLIO NO 1

🚨BIG UPDATE ON WAZIRX || ALT COIN PORTFOLIO NO 1

37
BITCOIN: IT'S HAPPENING NOW (Urgent Update)!!! Bitcoin News Today, Ethereum, Solana, XRP & Chainlink

BITCOIN: IT'S HAPPENING NOW (Urgent Update)!!! Bitcoin News Today, Ethereum, Solana, XRP & Chainlink

33
JUST IN XRP RIPPLE DUBAI NEWS!

JUST IN XRP RIPPLE DUBAI NEWS!

25
Flash USDT | How It Became the Biggest Crypto Scam Worldwide

Flash USDT | How It Became the Biggest Crypto Scam Worldwide

31
XRP and Ripple Shares Anchor Vivopower’s Breakthrough Dual-Asset Strategy

XRP and Ripple Shares Anchor Vivopower’s Breakthrough Dual-Asset Strategy

August 10, 2025
ETH Rally Wipes Out 3M in Shorts—Eric Trump Says it Puts a ‘Smile on My Face’

ETH Rally Wipes Out $173M in Shorts—Eric Trump Says it Puts a ‘Smile on My Face’

August 9, 2025
BlackRock Confirms No Current XRP Or Solana Spot ETF Filings

BlackRock Confirms No Current XRP Or Solana Spot ETF Filings

August 9, 2025
Bitcoin’s Difficulty Smashes Records, Making Rewards Tougher Than Ever

Bitcoin’s Difficulty Smashes Records, Making Rewards Tougher Than Ever

August 9, 2025
Custodia Bank founder Caitlin Long dives into Trump’s debanking executive order

Custodia Bank founder Caitlin Long dives into Trump’s debanking executive order

August 9, 2025
Power and Portability Meet In This Near-Mint 13″ MacBook Pro

Power and Portability Meet In This Near-Mint 13″ MacBook Pro

August 9, 2025
Crypeto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Crypeto News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

LATEST UPDATES

  • XRP and Ripple Shares Anchor Vivopower’s Breakthrough Dual-Asset Strategy
  • ETH Rally Wipes Out $173M in Shorts—Eric Trump Says it Puts a ‘Smile on My Face’
  • BlackRock Confirms No Current XRP Or Solana Spot ETF Filings
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In