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Tuesday, September 26, 2023

Picasso Work, Berezovsky Papers Found in Moscow Gambling Raid

Russia’s Federal Security Service said it found artworks by Pablo Picasso and Rembrandt and documents for offshore companies belonging to self-exiled investor Boris Berezovsky in a raid on an illegal gambling operation in Moscow.

The paintings, worth more than $5 million, and documents were found in the main office of a building in central Moscow that was once used by Berezovsky, said the FSB, as the main successor to the Soviet-era KGB is known, on its website.

The crime syndicate that operated out of building No. 40 on Novokuznetskaya Ulitsa was able to earn as much as $10 million a month in part because of the “support” it received from senior law enforcement officials in the Moscow region, including a first deputy prosecutor, the FSB said. The building also houses the Triumph art gallery.

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