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Yep, the Russian Mob Still Rules

I’ll discuss the market in full after the bell on my video recap…

via NY Post

Feds raid midtown art gallery in bust of Russian mob ran poker games for celebs

FBI, IRS and CID, raid the Helly Nahmad Gallery at 975 Madison Ave in Manhattan.

Kristy Leibowitz

FBI, IRS and CID, raid the Helly Nahmad Gallery at 975 Madison Ave in Manhattan.

A heavyweight art baron and a famed Russian gangster were among those arrested today as federal agents smashed a massive illegal gambling operation that stretched from New York City to the Ukraine.

Federal agents are searching for Helly Nahmad – son of billionaire art dealer David Nahmad – and raided his gallery in the bottom floor of the famed Carlyle Hotel this morning.

The scion is part of one of the most influential art dealing families in the world with a reported $3 billion worth of famed pieces in their portfolio.

Agents also indicted Alimzhan Tokhtakhounov, a legendary Russian gangster and one of the world’s most wanted international fugitives, as part of the sweep.

Known as Taiwanchik, he is accused of trying to bribe Olympic officials in Salt Lake City in 2002 as part of his international criminal resume.

The ring – which operated online gambling rings in addition to celebrity studded live poker games, netted $50 million since 2006, according to an indictment.

“A couple dozen” perps were rounded up at the their homes and businesses around the metro area,a source said.

 FULL STORY HERE

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