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October 8, 2009

Thursday, October 08, 2009 - , No comments

Why steal artwork?

In a recent edition of the National — one of the leading English language newspapers in the Arab world — journalist Andy Pemberton investigates why thieves steal artwork that is nearly impossible to sell. To do so, he interviewed ARCA's Managing Director Terressa Davis and the Art Loss Register's William Webber, who both dispute the popular misconception that thieves steal art to order. Instead, stolen art is most commonly held for ransom or used as collateral when trading with other criminals.

You can read the full text of the article, entitled "Painting Into a Corner," here.