The art dealer, who runs a blue-chip gallery in Manhattan, operated a multi-million dollar gambling ring out of his apartment at Trump Tower in Midtown.
LONDON — While one Helly Nahmad sits in a bare concrete prison cell in upstate New York, another Helly Nahmad strides around his lavish Frieze Masters booth in London’s chi-chi Regent’s Park. I don’t know how captivity is suiting the former, but freedom isn’t doing that much for the latter.
First it was the accusations of gambling, and now Manhattan art dealer Helly Nahmad, and his dad, David Nahmad, are being “sued for allegedly hiding a $20 million painting stolen by the Nazis,” according to the New York Post.
Hillel “Helly” Nahmad, scion of the Nahmad art dealing family, was sentenced today to one year and one day in prison over the gambling charges to which he pled guilty last November.
The New York Times is reporting that Federal agents have raided an Upper East Side art gallery, Helly Nahmad Gallery, as part of an investigation into a gambling operation that included “high-stakes poker games.”