Manhattan Art Dealer Sentenced
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NEW YORK (AP) _ A Manhattan art dealer convicted of plotting to smuggle a stolen bust of a pharaoh out of Egypt has been sentenced to nearly three years in federal prison, prosecutors said.
Frederick Schultz, 48, was found guilty of receiving and possessing stolen Egyptian antiquities by a jury in February. He was sentenced to 33 months and fined $50,000 by U.S. District Judge Jed Rakoff, U.S. Attorney James Comey said in a news release Tuesday.
The key government witness at the trial was Schultz’s co-conspirator, a convicted art smuggler named Jonathan Tokeley-Parry.
Tokeley-Parry testified he smuggled the stone sculpture of the head of Amenhotep III, who died in 1375 B.C., out of Egypt by dipping it in plastic and painting it black to make it look like a cheap tourist souvenir. Prosecutors said Schultz purchased the head from Tokeley-Parry in 1992 for $915,000 and resold it for $1.2 million to a London art collector.
Schultz’s lawyer, Linda Imes, told the jury her client never knew Tokeley-Parry was selling stolen antiquities.