Hobby Lobby to forfeit illegally smuggled Iraqi artifacts

Hobby Lobby agreed to forfeit thousands of illegally smuggled artifacts from Iraq.

The company agreed to pay a $3 million settlement and forfeit 5,500 artifacts. They were shipped under false labels, according to the Department of Justice.

The privately held arts and crafts retailer had planned to use the artifacts for a Bible museum headed by its president.

Read more from Reuters.