Search JTA's historical archive dating back to 1923

Jews in Italy to Get 1, 000, 000 Lira from Nazi Looted Property

March 24, 1954
See Original Daily Bulletin From This Date
Advertisement

The Union of Italian Jewish Communities is expected to obtain about 1, 000,000 lira from a hidden treasure of valuables taken from Jews who were deported by the Nazis to concentration camps, it was learned here today.

Some weeks ago a store of jewelry and other valuables estimated to be worth about one billion lira was unearthed in a branch of the Bank of Italy. A search was undertaken for the owners of these items and the Union’s assistance was enlisted by the government to find the owners or their heirs. As a result, some of the property has been returned to its rightful owners, or their heirs.

Only a small portion of the other property will come to the Union under the law which gives heirless Jewish property of Nazi victims to the community.

Recommended from JTA

Advertisement