American arts-and-crafts retail chain Hobby Lobby has agreed to pay a multi-million-dollar fine for acquiring ancient artefacts smuggled in from Iraq. The company had even been warned there was a risk that such cultural items could have been looted.<br />Prosecutors say Hobby Lobby agreed to buy thousands of artefacts in 2010 for $1.6 million.<br /><br />RT LIVE http://rt.com/on-air<br /><br />Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday<br /><br />Like us on Facebook http://www.facebook.com/RTnews<br />Follow us on Twitter http://twitter.com/RT_com<br />Follow us on Instagram http://instagram.com/rt<br />Follow us on Google+ http://plus.google.com/+RT<br />Listen to us on Soundcloud: https://soundcloud.com/rttv<br /><br />RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.