The government has seized more than 2,000 works of art allegedly used to launder money raised fraudulently, the U.S. attorney in New Jersey said. They were appraised at nearly $16 million.
The U.S. Attorney's Office in Newark announced Friday a complaint seeking to force the owner to forfeit the works, including an Alfred Stieglitz photograph that sold for $675,000. They were seized in July.
The government said the owner of Green Diesel, based in Houston, was trying to ship the works to Spain.
The complaint alleged company owner Philip Rivkin bought the artwork by selling credits for generating biodiesel fuel, though it did not produce any fuel. Rivkin has not been formally charged with a crime.
Rivkin attorney Kyle Sampson said he is working with officials "to resolve their concerns."
Monday, May 20 2013 10:42 PM EDT2013-05-21 02:42:18 GMT
Omar Morales feels lucky to be here for his son Joshua's 10th birthday on Monday. Morales was one of the passengers on board a USAir flight that made an emergency landing at Newark Liberty.
Omar Morales feels lucky to be here for his son Joshua's 10th birthday on Monday. Morales was one of the passengers on board a USAir flight that made an emergency landing at Newark Liberty.
Monday, May 20 2013 7:05 PM EDT2013-05-20 23:05:15 GMT
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
Saturday, May 18 2013 10:14 PM EDT2013-05-19 02:14:35 GMT
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
