Helly Nahmad Gallery Raided, Nahmad Charged


New York’s Helly Nahmad Gallery was the subject of a raid this morning by federal agents. The gallery’s owner, art dealer Helly Nahmad, was charged in a case that has resulted in dozens of arrests, according to a story in the New York Times.

The raid comes as part of “an investigation in a gambling operation that focused on a Russian organized crime group that ran high-stakes poker games involving Wall Street financiers, Hollywood celebrities and professional athletes,” according to the Times.

The United States attorney in Manhattan and officials from the Federal Bureau of Investigation are expected to announce charges in the case later today, reports the Times.

Nahmad gallery, which is located in the Carlyle Hotel on New York’s Upper East Side, deals in secondary-market sales of 19th- and 20th-century artists, including Albers, Delacroix, de Chirico, Renoir, van Gogh and Warhol.