Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Lasry Loses French Ambassadorship Because of Ties to Nahmad Poker Game

April 26, 2013 by Marion Maneker

Helly Nahmad ExteriorThe New York Post says Helly Nahmad’s poker game has dashed a billionaire’s hopes of becoming the next US Ambassador to France:

Marc Lasry, who runs the $12 billion investment firm Avenue Capital in Midtown, withdrew on Tuesday because of his close friendship with Illya Trincher, 27, who was busted last week with 30 others, including Trincher’s pro-poker-playing father, Vadim, and brother Eugene.

The feds last week accused Illya Trincher of running the New York arm of the $100 million betting and money-laundering racket with world-renowned Manhattan art dealer Hillel “Helly” Nahmad

“Marc Lasry is a big-time gambler, in golf and poker,” a source told The Post. “He’s a ‘master of the universe’ type, and he was friends with the kid Trincher.”

Lasry, 53, turned down the post only days after the White House asked the FBI to probe whether he was tied to anyone involved in the criminal enterprise, sources said.

His name surfaced in FBI tapes probing the matter as a person who likes to play in exclusive high-stakes poker games, sources said.

Because ambassadorships require Senate approval — normally a pro-forma step — Lasry faced the prospect of being grilled about the ring.

“It’s not that he committed a crime, but it opens a can of worms,” a source said.

More from Art Market Monitor

  • "I didn't have talent . . . I only had genius""I didn't have talent . . . I only had genius"
  • Sotheby’s Imp-Mod Evening = $349.8mSotheby’s Imp-Mod Evening = $349.8m
  • Banksy Mania Doesn’t Extend to NY Residency Works…YetBanksy Mania Doesn’t Extend to NY Residency Works…Yet
  • Damien Hirst, Selling Like a Rock Star?Damien Hirst, Selling Like a Rock Star?
  • Sotheby’s NY Contemporary Evening = $242mSotheby’s NY Contemporary Evening = $242m
  • Demand Continues to Blow Out Regional Sales of Chinese Works of ArtDemand Continues to Blow Out Regional Sales of Chinese Works of Art

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...