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This is the first major study of the mass sequestration of Armenian property by the Young Turk regime during the 1915 Armenian genocide. It details the emergence of Turkish economic nationalism, offers insight into the economic ramifications of the genocidal process, and describes how the plunder was organized on the ground. The interrelated nature of property confiscation initiated by the Young Turk regime and its cooperating local elites offers new insights into the functions and beneficiaries of state-sanctioned robbery. Drawing on secret files and unexamined records, the authors demonstrate that while Armenians suffered systematic plunder and destruction, ordinary Turks were assigned a range of property for their progress.