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Report: 1999 Colts Neck Murder Believed to be Work of Russian Mafia

The murders were believed to be a part of a stock scheme between Colts Neck residents and the Russian Mafia.

The 1999 execution of two Colts Neck stockbrokers, Mayir Lehmann and Alan Chalem, is now believed to have been a part of an elaborate stock scheme between the two and the Brooklyn-based Russian mafia.

The New York Daily News reported Lehmann and Chalem were allegedly murdered in a Colts Neck home by "henchman" so the mob could avoid paying the two a $5 million share from a stock scheme.

The article reports that the two were shot in the foyer of Chalem's home. Lehmann was a resident of Long Island, where he lived with his wife and five children.

The FBI is now working on a new theory that both men were targets of the killing, allegedly carried out by hired hitmen according to the Daily News.

Mike Rath December 20, 2012 at 04:11 PM
I sincerely hope this is not a new theory...
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