The other ring, run by Trincher’s son, Illya Trincher, 27, of Beverly Hills, California, ran a high-stakes gambling operation for millionaires and billionaires, according to the government. The ring was supported, in part, by Nahmad’s New York gallery, which last year held an exhibition of modern and postwar artists including Joan Miro, Alexander Calder, Jean Dubuffet and Fernand Leger.
One client lost about $2 million to the ring and was forced to turn over his plumbing company in payment, prosecutors said. The group allegedly laundered tens of millions of dollars, with the advice of a branch manager of a New York bank that prosecutors didn’t identify by name.
Charges against the defendants include racketeering, illegal sports gambling, running an illegal poker business, wire fraud conspiracy, money laundering conspiracy, extortion and violation of the federal Travel Act.
The case is U.S. v. Tokhtakhounov, 13-cr-00268, U.S. District Court, Southern District of New York (Manhattan).