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April 26, 2011

Forging News (Part one of four): The News Media’s Misrepresentation of the Art Criminal

by Katherine Ogden, ARCA Alum 2009

This article is a study concerning the current lack of representation of art crime criminals in the news media. This study focuses on news media outlets in the United States, the United Kingdom and Italy in order to examine why the news media tends to sensationalize art crimes while downplaying the role of the criminal. This article will work to find a conclusion to the quandary created by the news media as they continue to create a view of art crime criminals as sexy and fascinating as opposed to dangerous and criminal. A quandary that leads to people both within and outside of the art world being unable to distinguish between the real and the fictional art crime criminals, something that must be corrected.

Literature Review:

There is no research published on the representation of art crime criminals in the news media, so for the purposes of this examination the following information was reviewed: newspaper articles, criminology, crime and media, criminals and media, victims in the media and popular culture representations of criminals. Through the literature review it became apparent that the relationship that the media creates between art crime and the criminals committing the crime is dealt with in an entirely different way than the media represents common criminals.

For more than forty years the news media has represented art crime in a fashion eliciting feelings of awe and amazement. As a result, while the general public perceives art crime as insignificant, criminals have developed misguided ideas pertaining to how to profit from and engage in art crime. This study will focus on the traditional methods employed by the news media to represent criminals and will expand to compare those methods to those used to represent perpetrators of art crime found in the print and electronic versions of the top newspapers in the United States, the United Kingdom, and Italy. Radio, motion picture and television media will be excluded from this analysis. As opposed to using the term “art criminal” which tends to imply acts of criminal mischief such as graffiti, for the purpose of this discussion I will utilize the term “art crime criminal” in order to focus on those criminals responsible for art thefts, forgeries, and other serious art crimes.

The News Media: The Truth, the Whole Truth and Nothing but the Truth?

The Thomas Crown Affair (1999)
In order to understand the portrayal of art crime criminals in the news media, one must understand the origins and uses of the medium. Currently, the general public holds a misguided belief that news media outlets deliver the truth with fact-filled stories meant to inform readers. However, given high incidences of exaggerated reporting of current events it is evident that a main purpose of the news media is the entertainment of the newsreader with fact-based news articles. In this case attention should be placed on the phrase “fact-based.” As with any business, news media outlets require profits in order to survive. Much of this income is derived from advertisers who prefer to work with outlets holding the largest percentage of circulation within a given market (Demers). As a direct result of this relationship news media outlets work to attract the most readers and in order to accomplish this they compete to create the most entertaining and interesting stories each day. Even if those stories stretch the concept of “fact-based.”

When reporting on stories related to crime, news media outlets tend to distort the truth in order to paint the perpetrator in a more negative light. This allows the media to create a more interesting story while simultaneously creating a distorted image of crime for their audience. Conventional criminology states that:
To be realistic about crime is not an easy task…We are caught between two currents, one which would grossly exaggerate the problems of crime, another covering a wide swathe of political opinion that may seriously underestimate the extent of the problem. Crime is a staple of news in the Western mass media and police fiction a major genre of television drama…the media abound with images of the dangerous stranger. On television we see folk monsters who are psychopathic killers or serial murderers yet offenders who even remotely fit these caricatures are extremely rare…the criminologist knows that this is far from the humdrum nature of reality…the nature of crime, of victimization and of policing is thus systematically distorted in the mass media (qtd. in Brown 42).
It is because news media outlets struggle to increase their circulation that the public’s view of crime has become so distorted; a bleak picture of a society emerges filled with robbers, rapists and killers. Much of the general public places its trust in the media to tell them what and who to fear, absorbing any suggestion that a certain individual should be associated with a crime. Since a large proportion of the public informs their understanding of crime from news media outlets, their comprehension of the crime world is far from the reality. In relation to this analysis, news media outlets often portray perpetrators of non-art related crime as more monstrous and offensive than they may be in reality, while at the same time portraying the perpetrators of art-related crime as suave and almost gentlemanly. Which could not be further from the truth in most cases.

The Media’s Portrayal of Art Criminal: As Suave and Sophisticated or Unappealing and Slovenly?

If you were to ask someone walking around the mall this weekend to describe or to name an art crime criminal I would dare say the majority would answer describing the fictitious criminal as suave, sophisticated, handsome, and smart. In other words, Thomas Crown. Most of the general public believes that art crime criminals are either collectors looking for the crowning piece to their collection or common thieves hired by these collectors to enlarge their collections. Sadly, this misconception carries over to many news stories that in turn mention fictional characters such as Dr. No, Thomas Crown, and the Ocean’s 11 crew, in articles furthering the public’s misunderstanding of the danger of art crime. The seriousness of this misconception lies in the fact that it is not only the general public that is fooled by these fictional characters, but people in the art world themselves.

As part of my coursework I presented seventeen peers with photos of real and fictional art thieves. Out of the examples, none of my peers were able to identify the real art thieves while easily identifying the fictional art thieves. Although this small exercise mainly demonstrated that well-known actors are more readily identifiable than anonymous criminals, it also illustrated a significant problem associated with art crime: how can we fight art crime if students of art crime are not able to identify the perpetrators of crimes against it effectively? How has the infiltration of media become so intense that even those who have studied this field can have the wool pulled over their eyes?

This has come to fruition because news media outlets have evidently followed Hollywood’s lead and assisted in the creation of the “sexy” art criminal. News media outlets rarely, if ever, publish photos of art criminals since the focus is placed on the fantastic nature of the crime itself, not of the capture and conviction of the criminal who perpetrated it. These media outlets repeatedly break from their mold of demonizing criminals when it comes to art crime, portraying them as exciting and elevating them to a level of revered indifference when in fact they should be feared and reviled like any other criminal.

A prime example occurred recently. On September 24, 2009, the New York Times reported that two armed men stole Olympia, a painting by Rene Magritte worth $1.1 million dollars. This case exhibited an example of a rising trend in art crime whereby criminals have started using deadly weapons, a far departure from the pacifist art criminal picture that the news media has previously painted (Itzkoff). Such inaction on the media’s part is highly detrimental in relation to the prevention of and enforcement against art crime and presumably may suggest further indifference to such acts in the future.

Tuesday, April 26, 2011 - No comments

A Literal Portrait of Art Thief Stéphane Breitwieser -- and News of Another Arrest

Portrait of art thief Stéphane Breitwieser with artist Jean-Paul Matifat (Courtesy of the artist's website)

by Catherine Schofield Sezgin, Editor-in-Chief

This week we'll be running a series of posts by ARCA Alum 2009 Katherine Ogden about the image of the art crime criminal in the media. This morning ARTINFO published a story about the second arrest of convicted art thief Stéphane Breitwieser who apparently loves art and the money generated by stealing art. ARTINFO included a portrait of Breitwieser by artist Jean_Paul Matifat. The portrait, according to the artist's website here, is 7 feet high and 6 feet wide. Many of us might find Breitwieser a romantic anti-hero except for the collaboration of his mother who destroyed art in an effort to hide evidence against her son. This time Breitwieser's mother was also arrested as she had accompanied her son from France to Germany to sell a stolen vase.

April 25, 2011

Monday, April 25, 2011 - No comments

ARCA 2009 Alum: Katherine Ogden on the Images of Art Criminals and Tips for Living in Amelia

Katherine Ogden, ARCA Alum 2009
by Catherine Schofield Sezgin, Editor-in-Chief

Born and raised in Tampa, Florida, Katherine ("Katie") Ogden attended the University of South Florida where she received an undergraduate degree in art history and a Master's degree in Business Administration. Katie wrote in an email for this column: "After a foray into the professional world, I was fortunate to be accepted into the first class of postgraduate students for ARCA's History of International Art Crime program where I was introduced to a more immersive view of the world of art crime. Thus far I have worked as a private collections manager, a marketing specialist, an educator and now as a business analyst. While my background is quite varied, the study of art crime has continued to be one constant in my professional and educational life."
ARCA Blog: Katie, you specialized in dispelling the image of the eccentric art crime criminal. What surprised even you when conducting your research? 
Ms. Ogden: I was most surprised by how easy it is to fall victim to the popular images of art crime criminals reinforced by Hollywood and the media. While giving a presentation in one of our classes in Amelia, I put three pictures on the screen and asked if anyone could choose the art criminal out of the three images. Even while everyone in attendance was there because of our shared interest in art crime, not a single student could correctly identify any of the convicted art criminals I put on the screen. I started to wonder how there could ever be an honest portrayal of a realistic art crime criminal if even the students studying the genre had fallen victim to the sexy allure. 
ARCA Blog: How would you, in one or two sentences, describe a realistic image of an art crime criminal? 
Ms. Ogden: That is very difficult to pinpoint. I'll have to be vague and say unexpected and definitely not Pierce Brosnan. 
ARCA: The third incoming ARCA summer class in art crime will be arriving in Amelia in June. What do you recommend they prepare for to adjust to living in a medieval town in Umbria and what do you miss the most about Amelia? 
Ms. Ogden: The best way to learn how to adjust to living in Amelia is to learn to be flexible. There are certain days when things will simply close down, or days when the heat will be unbearable. On days like this you have to be willing to adjust like the Italians. Living in Amelia will be nothing like living in your hometown; that is after all, part of the adventure. A few bits of advice that took us a little while to figure out: laundry detergent in Italy does not come in brick form, you'll see this on the shelf with a picture of a washing machine, that is meant to clean the machine not your clothes. Nights in Amelia get chilly, pack a jacket. On any given day you can get Ricotta from the cheese maker in the afternoon and mozzarella if you rush in the late morning. He only makes a certain amount and if you don't get there you'll miss out. At Porcelli's get the Italian menu and break out your translation book, there are some fantastic items on this menu that don't make it to the English translation.

And finally, what do I miss the most about Amelia? Absolutely everything. 
ARCA Blog: I would like to add that the brick 'laundry detergent' did clean our clothes pretty well, Katie, or at least I hope so since we used it for a month.
The ARCA blog will feature an article Ms. Ogden wrote about the image of art crime criminals and how  new media outlets have covered art crime differently in the United States, the United Kingdom and Italy.

April 22, 2011

Friday, April 22, 2011 - 1 comment

Art Humor A Crime? "That is Priceless" by Steve Melcher aims to make 'Art's Greatest Masterpieces... Slightly Funnier'

In Case You Were Wondering
 Where Your Flower Pot Went
by Catherine Schofield Sezgin,
ARCA Blog Editor-in-Chief

It's not a crime to make fun of art, but Steve Melcher, the husband of a friend of mine and another talented writer Amanda Biers-Melcher, certainly makes laughing at art a pleasurable misdemeanor. Steve Melcher, a two-time Emmy Award-winning TV writer and producer, has turned his popular blog, That is Priceless, into a very affordable paperback that re-writes the titles of more than 175 images, seeing contemporary actors in the faces of models painted in the 19th century by Courbet and Renoir, and ad libbing with crude humor that any middle-school student would appreciate. I ordered That is Priceless (Andrews McMeel Publishing) from Amazon and for less than $10 had my mother laughing between comments of 'this guy is really funny' and 'who is he?' As a parent and writer, I appreciate all attempts at making art accessible to students and even those people who rarely step into a museum or art gallery.

Please follow this link to Steve Melcher's website to find out the artist to this 1873 image to the right subtitled "In Case You Were Wondering Where Your Flower Post Went".

April 21, 2011

Quebec law enforcement uncover case of art stolen from Quebec art galleries through the purchase of fraudulent credit cards

Tumulte 1974, Jean-Paul Riopelle, 9,5 x 6,5 po.
Collaboration between the art crime investigative unit of the Sûreté du Québec and the Montreal police has just solved a series of frauds against several art galleries.

On the evening of April 6, 2011, investigators went to a storage area at a home in Quebec, where they seized artworks stolen between July and October of 2010. Works valued at more than $220,000 include artists such as Jean-Paul Riopelle, Sebastien Larouchelle Martin Beaupré, Marc-Aurèle de Foy Suzor-Côté and Joan Dumouchel.

According to the investigation, the suspects used credit cards obtained under false identitites to purchase the artworks from galleries around Montreal, Quebec City, and Baie St.-Paul. They managed to convince the merchants to enter into payment installments, paid the first payment by credit card, left with the artwork, and did not pay the remaining installments.

A suspect was arrested on shoplifting at a business in Montreal on Feb. 25. The arrest and subsequent search led to the discovery of a bronze sculpture by artist Marc-Aurèle de Foy Suzor-Côté.

Aissam Freidji, 37, and Margaret Christopoulos, 45, appeared April 7, 2011, at the Montreal courthouse facing charges of fraud and fraudulent use of credit cards. They are accused of using several false identities and may be sought in the United States for similar crimes.

Quebec’s art crime investigation team is composed of officers from the Sûreté du Quebec and the Royal Canadian Mounted Police.

This information was translated from a press release published by Quebec law enforcement.

April 20, 2011

Wednesday, April 20, 2011 - No comments

Graffiti art (Uncommissioned Street Art) Featured on Pink Concrete Block Wall and at the Geffen Contemporary at MOCA in Little Tokyo

by Catherine Schofield Sezgin, ARCA Blog Editor-in-Chief

Last week, under view of the famed Hollywood sign (which once itself advertised a housing tract), I photographed old and new 'uncommissioned' street art on a concrete block wall at the northwest corner of Beverly Boulevard and La Brea Boulevard.  A kosher deli and bakery on the other side of this wall has many customers in the attire of people belonging to the Orthodox Jewish community. Somehow the non-commissioned street art here does not seem as offensive or as scary as those photographs I took last month of graffiti outside of the musée d'art moderne de la ville de Paris.

'Art in the Streets' opened Sunday in Los Angeles at the Geffen Contemporary at MOCA in Little Tokyo.  The show is curated by MOCA Director Jeffrey Deitch, a former New York art consultant and dealer who's former gallery still publicizes an archived website, and "made possible by" The Eli and Edythe Broad Foundation, the art philanthropy organization founded on profits from building suburban tract housing (read about Eli Broad in The New Yorker here).  Outlaw art seems to have been invited through the front door.

Northwest corner of La Brea and  Beverly




April 19, 2011

Tuesday, April 19, 2011 - 2 comments

Q&A with the Los Angeles Police Department Art Theft Detail

LAPD Detective Don Hrycyk, Art Theft Detail
by Catherine Schofield Sezgin
ARCA Blog Editor-in-Chief

The only full-time municipal law enforcement unit in the United States devoted to the investigation of art crimes, the Los Angeles Police Department’s Art Theft Detail, was founded in 1984. From 1993 to 2008 alone, LAPD’s Art Theft Detail recovered $71 million in stolen art. During the same period, the approximately 90 burglary detectives in the entire LAPD recovered about $64.5 million in stolen goods. Current recoveries for the Art Theft Detail total more than $81 million.

In 1992, oil paintings by Claude Monet and Pablo Picasso worth $13 million were stolen from a Brentwood ophthalmologist’s home and discovered five years later in a Cleveland, Ohio storage facility by the LAPD Art Theft Detail with the help of the Federal Bureau of Investigation (FBI).

In 1999, a handyman was arrested on a charge of grand theft for stealing 7,500 animation film cells valued at $1 million from a Sherman Oaks animation company; the suspect stole the pieces over time and sold them all over the country. The LAPD art theft unit found the art through searches on the Internet.

Detective Don Hrycyk (pronounced her-ris-sik) has worked on art theft and forgeries since 1994. He has a temporary partner, Mark Sommer, who has been filling in since 2009.

The website for the LAPD Art Theft Detail reported examples of a few art crimes:
One suspect posed as an independent art dealer visiting art galleries to obtain consignments of art to sell. After gaining the trust of a gallery owner, the suspect secreted the paintings out of the gallery during business hours without the owner’s knowledge. Three paintings were taken from the unsuspecting art gallery over the period of two years. 
In August 2008, a burglary at the home in the Encino area of Los Angeles of 9 paintings by artists Hans Hofmann, Lyonel Feininger, Chaim Soutine, Emil Nolde, Marc Chagall, Kees van Dongen, Diego Rivera and Arshile Gorkey resulted in a $200,000 reward offer for information leading to the recovery of the paintings and apprehension of the suspects. 
In 2004, a suspect, a former physician and Harvard professor, was arrested by LAPD’s Art Theft Detail after selling a fake Mary Cassatt painting for $800,000 to undercover officers. The suspect possessed numerous other fake artworks. A few years earlier, the suspect had reported the theft of an artwork by Willem de Kooning valued at $1.5 million yet determined to be a fake and still in the suspect’s possession. The suspect had moved to California following a criminal conviction for selling fake art in Massachusetts in 1989. He was also the subject of a federal civil case alleging sales of fake art in 1985. The suspect used brokers to sell art to private parties and to invest money in his art collection. He avoided major auction houses and art dealers and preyed on people less knowledgeable about fine art. 
In October 2010, a TV auctioneer who from 2002 to 2006 sold $20 million in forged art, including works falsely attributed to Pablo Picasso and Salvador Dali, was sentenced to five years in prison in a Los Angeles court. Two other conspirators were sentenced to four and seven years for claiming to sell genuine works found in real estate liquidations and forging certificates of authenticity on some artworks sold to more than 10,000 US customers through DirectTV and Dish Network.
Detective Hrycyk had previously worked in homicides and robberies. In 1997, Hrycyk and his predecessor, retired detective Bill Martin, were featured in a television show, “The Hunt for Amazing Treasure” on the Learning Channel, trying to recover $9 million in stolen artwork.

ARCA: How did you become involved in art crime investigation?
Detective Hrycyk: In the mid-1980s, I got tired of working homicide in South-Central L.A. and applied for an opening in a specialized burglary division in downtown L.A. After getting the spot I learned I would be working the newly formed Art Theft Detail. I developed an interest in art theft and art fraud investigations and took over the unit in 1994.
ARCA: What is the current focus of the LAPD Art Theft Detail Unit after more than 25 years in existence?
Detective Hrycyk: With only two detectives handling all art-related crimes in a city that is the second largest center for the visual arts in America, our focus is to be able to continue to do quality crime investigations with the resources available. Having a dedicated art crime unit has allowed us to professionalize and develop contacts in the art community that are essential to successful investigations.
ARCA: How big of a problem is art crime in Los Angeles?
Detective Hrycyk: Out of necessity, we handle not only traditional art but also a wide array of historical and cultural property, from Hollywood movie props to rare books and fossils. We just recovered a comic book valued at $1 million. When you think about it, most homes contain either an artwork, antique or collectible. Art theft is often a hidden crime because art objects are stolen all the time in routine burglaries along with cash, jewelry and other personal property. As a result, there are no accurate statistics on the prevalence of art thefts. There is no tracking of art thefts nationally. Added to this is the huge area of art fraud. Combined, these crimes keep us busy all the time.
ARCA: Is the trafficking of looted antiquities a problem in Los Angeles? What are the significant routes? Which other agencies do you work with on this problem?
Detective Hrycyk: In a city as diverse at L.A., smuggled antiquities is bound to be a problem but is primarily handled by federal law enforcement agencies that protect our borders and have international treaty obligations. Sales are often back room, private transactions. However, we often work with the agents from the FBI, DHS, ICE, Interpol and others when we receive actionable intelligence.
ARCA: Is working with international agencies important to the success of the LAPD Art Theft Detail Unit?
Detective Hrycyk: Stolen and fraudulent art often crosses international boundaries so it is important to have contacts in other countries who can work with us on difficult investigations. In a like manner, we often conduct investigations for foreign law enforcement agencies when an L.A. connection develops. It is important to convince thieves and con men that no safe haven exists for those who deal in stolen or fake art.
ARCA: What is the biggest challenge the LAPD Art Theft Detail faces in recovery a stolen work of art?
Detective Hrycyk: Finding the stolen artwork is the biggest challenge. A stolen painting sold in a private sale may hang on a bona fide purchaser’s living room wall for a decade or more before it comes up for sale again in a venue where it will come to our attention.
ARCA: What do you do with confiscated fake artworks after the suspect has been convicted?
Detective Hrycyk: We try to ensure that fake artworks never reenter the legitimate marketplace. This is easier said than done. Unlike illicit drugs and counterfeit currency, fake art is not illegal to possess. As a result, there is no consistency in how fraudulent art is disposed of at the conclusion of a criminal case. We have encountered great resistance on the part of judges to authorize the destruction of fake art and some pieces have actually been returned to suspects by the courts.
ARCA: How have you been working with the association of art dealers or other members of the art community in stemming the flow of forgeries or thefts?
Detective Hrycyk: Most of the intelligence information I receive about suspicious activities and unsavory characters comes from artists, dealers and galleries that I have established a relationship with over the years. The art community can be very closed mouth unless you are trusted.
ARCA: What piece of advice would you offer to individuals interested in pursuing a career in art crime investigation?
Detective Hrycyk: Unfortunately, there are few career opportunities presently available in the United States in the public sector. I get inquiries all the time from people who would love to investigate art crimes but at present, the pickings are slim. It is tough to break into this field. This situation is bound to change but we aren’t there yet.
ARCA: What would you most like to see the LAPD Art Theft Detail achieve in the next five years?
Detective Hrycyk: Right now, we have an open position in the Art Theft Detail that needs to be filled but we are unable to do so because of personnel shortages and budgetary considerations. With 37 years on the job, I need to find a permanent replacement that I can train before retirement. Art investigation is a specialty requiring great skill. However, there are few training opportunities in this field. I teach one of the few courses available to burglary detectives throughout the state of California.
This interview is published here with permission from The Journal of Art Crime published by ARCA.  This interview will also appear in the Spring/Summer 2011 issue of The Journal of Art Crime.  For more information or to subscribe to The Journal of Art Crime, click here.

April 17, 2011

Sunday, April 17, 2011 - No comments

FBI Announces Indictment of Chicago Art Dealers on Federal Fraud Charges for Allegedly Selling Counterfeit Limited Edition Fine Art Prints

ARCA received a charming email from a reader who follows this blog 'from time to time' who thought we might be interested in a recent investigation by the Federal Bureau of Investigation about fraudulent art work for sale on the internet.

CHICAGO—The owner and an employee of a River North art gallery and a New York man were indicted on federal fraud charges for allegedly producing and/or selling counterfeit limited edition fine art prints of renowned artists, federal law enforcement officials announced today. The charges stem from an international investigation of fraudulent artwork that became public in Chicago three years ago when federal agents executed search warrants at the Kass/Meridan Gallery (KMG), also doing business as Allegro Art, located on West Huron Street in Chicago. In March 2008, seven defendants from Europe, Florida, New York, and Illinois were charged with fraudulently producing and/or selling $5 million worth of counterfeit fine art prints. Subsequently, two additional defendants were charged. The indictment announced today brings to 12 the total number of defendants who have been charged in Chicago as a result of this investigation.
Allegedly, the fraudulent artwork has been sold for more than 15 years.  Kass/Meridian Gallery on Huron Street in Chicago has a website that offers for sale 'limited edition' works such as the Josef Albers image shown here.

Reporter Annie Sweeney for the Chicago Tribune writes about the story under "River North art gallery owner indicted in art scam."

April 14, 2011

Thursday, April 14, 2011 - No comments

Part V: The Use of High Value Art and Collectibles to Launder and/or Transfer Capital

by James A. Bond,
ARCA Class of 2011

CONCLUSION

The relationship between humankind and capital is unique and complicated. Capital in the form of M2, having both a high use and exchange value, is the oil that keeps the world of commerce working. However, this usefulness as a tool can only explain part of the relationship of humankind’s attachment to capital in the form of M2. While M2 may pay the bills, the enjoyment and utility of capital in its other forms, particularly high value art and collectibles, has found a particular niche in the human psyche. Charles Hill, writing about the wealth of nations, aptly conveys why this has happened.

You can regard art as economic added value...Purely economic, political, and social history add narrow tunnel vision dimensions to our societies. Art, architecture, music, and literature, within and outside religious contexts, all add wider dimensions. Our civilizations reflect high culture as well as monetary wealth.

Over the last three decades, the ‘added value’ Hill referred to has come to represent different utilities for different segments of the population. For Japan, it was a signal to the world that their nation was back as a world leader. The baby boomers utilized it to announce their arrival as a type of scorecard in the game of intergenerational rivalry with their parents, purchasing art both for the enjoyment of ownership and as an investment. Criminals came to recognize it as an alternative way to launder M2.

This subtle change in perception of the utility of different types of capital has been fostered by globalization that provided some with excess capital, which in turn acted as a catalyst for the art markets. The world is just now beginning to feel the effects of the developing middle classes in Asia who, in addition to wanting to be rich, also want the trappings of wealth that high value art and collectibles represent. As the nations of the world restructure their economies in response to the 2008-2009 financial crisis the amount of capital available and how it will be distributed will cause people to adjust so that they can protect their net worth.

Crime and the proceeds from its activities will always be seeking new ways to convert illegal money. Because of government response to drugs and the terrorist threat, the financial industry, which was the traditional means for money laundering, has been severely constrained. As early as 1998, because of the tightened banking regulations, criminals began utilizing property, art, or gold markets to launder money. Crime and the money it produces will always be present. With the traditional channels in the financial sector fairly well constrained other venues will be tested including but not limited to high value art and collectibles.

Little direct evidence was found to substantiate this papers hypothesis that high value art and collectibles have been used to transfer and or launder money. Much anecdotal speculation exist today, as it was when Conklin wrote Art Crime in 1994. As pointed out previously the art market thrives in the shadows and is protective of its customers who, in the main, want to remain anonymous. Auction houses, insurance companies, stamp and coin collectors, and gallery owners were loathe to discuss whether this type of capital transfer has, has not, or is taking place.

Several factors however point to the possibility that capital in a form other than M2 will be increasingly utilized in the future. First, the traditional venue through financial institutions has become restrictive and expensive. Illegal capital will always be around and will always need a way to be laundered. Second is the fact that it has been used in the past. Third is the opaque nature of most of the transactions and the lack of regulations. The final factor is the never-ending desire for humankind to maximize and protect net worth from taxation and economic cycles and the unrelenting quest by criminals to make dirty money clean.

April 13, 2011

Wednesday, April 13, 2011 - No comments

LAPD Art Theft Detail Investigating the recovery of Nicholas Cage's rare comic book featuring the first appearance of Superman (Action Comics #1)

Action Comics #1 (Courtesy of http://xroads.virginia.edu/~ug02/yeung/actioncomics/cover.html)
by Catherine Schofield Sezgin
ARCA Blog Editor-in-Chief

Detective Don Hyryck with the Los Angeles Police Department's Art Theft Detail kindly emailed ARCA today his responses for a Question & Answer column to be published in to the next issue of The Journal of Art Crime although he has been handling the recent case involving a rare Superman comic book stolen from the actor Nicholas Cage in 2000.

Richard Winton for the Los Angeles Times wrote today here under a headline "Nicholas Cage's national treasure recovered". The 1938 Action Comics No. 1, stolen from the actor's home more than ten years ago, features the first appearance of Superman. Winton reports that the LAPD Art Theft Detail is investigating the reappearance last month of the $1.5 million comic book from a storage locker in the San Fernando Valley:
Hrycyk did not identify the man who claims to have discovered the rare comic book after buying the contents of an abandoned storage container at auction. The veteran art detail detective said he's still checking out the story of the man, who has been unable to identify the exact place from where the comic came. 
"He claims he doesn't know the exact storage locker," Hrycyk said.
 ARCA will continue to follow the adventures of Detective Hrycyk and the LAPD Art Theft Unit both on this blog and in the biannual Journal of Art Crime.  Stay tune for our next edition...