In return, Steinhardt, a philanthropist who is chair of the Steinhardt Foundation for Jewish Life and co-founder of Birthright Israel, an organization that sends young Jews on free trips to Israel, will not face criminal charges for acquiring pieces that were illegally smuggled out of 11 countries including Egypt, Greece, Israel, Syria and Turkey, prosecutors said. ![]() ![]() NEW YORK (AP) - Billionaire hedge fund manager Michael Steinhardt has agreed to turn over $70 million worth of stolen antiquities and will be subject to an unprecedented lifetime ban on acquiring antiquities, the Manhattan district attorney announced Monday.
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