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76-year-old Jew Arrested in Soviet Union As “leader of Speculators”

The Daily Telegraph reported today from Moscow that a group of alleged speculators, led by a 76-year-old man whose name was published as Gutermakher, had been arrested in Alma-Ata, the capital of Soviet Kazakhstan in central Asia.

According to the report, the seven members of the alleged gang had collected gold, pre-revolutionary currency, watches, table ornaments, silver and precious stones. Gutermakher, described in the Telegraph report as apparently of Jewish origin, was a private businessman before the Russian Revolution.

Another member of the alleged ring, according to the report, was an organizer of a cooperative store in Alma-Ata, who was accused of having accumulated the equivalent of more than $100,000 in the course of his duties.