Billionaire Michael Steinhardt has surrendered 180 stolen relics worth $70 million (£53m) and has been barred for life from buying more antiquities, according to media reports. The hedge fund pioneer and founder of Birthright Israel – a tourism organisation that has sent over 750,000 Jews on free trips to Israel while many Palestinians abroad are barred by the Israeli authorities from returning home – handed over the illegally acquired objects used to decorate his personal and professional spaces, in return for not facing criminal charges, Manhattan’s district attorney office said on Monday. …

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