Athletes - Maxim Dlugy

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	Athletes - Maxim Dlugy

Maxim (Max) Dlugy is a Grandmaster of chess. He was born on January 29 1966 in Moscow, USSR. He arrived with his family in the United States in about 1979. He was a late developer and was only an average player for his age until he shot up in strength in the early 1980s. He was awarded the International Master title in 1982. He won the World Junior Chess Championship in 1985. He was awarded the Grandmaster title in 1986 at the World Chess Olympiad in Dubai, United Arab Emirates, where he played on the U.S. team that was in first place going into the last round. Always a superb speed chess player, Dlugy was formerly ranked number one in the world by the World Blitz Chess Association.

He emigrated to America when a young boy and first came to notice in 1984 when he finished 3rd in the U.S. Chess Championship. He was 2nd= in New York 1985, 2nd= in Clichy 1986-87 and 3rd= in the 1987 U.S. Chess Championship.

He turned to chess politics and ran for and was elected President of the United States Chess Federation in 1990.

Bankers Trust placed an ad in the New York Times for young chess masters who, studies had shown, made good securities traders. Dlugy answered the ad and was hired and got a job working on Wall Street. Eventually, he became a principal of the Russian Growth Fund, a hedge fund. Former world chess champion Garry Kasparov was formerly associated with Dlugy's Russian Growth Fund. Kasparov has been a vocal critic of Russian President Vladimir Putin and is widely rumored to be considering running against Putin in the next presidential election.

In April 2005 Dlugy was arrested at Sheremetyevo airport in Moscow on fraud charges related to the Russian Growth Fund involving ten million dollars. He is still in jail and has been denied bond. He is expected to plead not guilty. The arrest and detention of Dlugy, an American citizen, has received virtually no coverage by the mainstream American media.

On December 20, 2005, Dlugy was acquitted of all charges, after spending eight months in jail. After the time for possible appeals had passed, Dlugy was let out of prison. He received a special invitation to play in the March, 2006 U.S. Chess Championship in San Diego, California, where he achieved a plus score.

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