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Poker pro arrested on charges stemming from a $25M sports betting scheme
Posted on 5/26/22 at 9:10 am
Posted on 5/26/22 at 9:10 am
LINK
I’d be willing to bet :wink: that there are a lot more, similar things going on out there.
quote:
Cory Zeidman, of Boca Raton, Florida, faces federal charges of conspiracy to commit wire fraud and mail fraud, and conspiracy to commit money laundering as part of the scheme that spanned from 2004 to 2020, according to a two-count indictment out of the United States District Court for the Eastern District of New York.
quote:
According to the federal indictment unsealed Wednesday, Zeidman and his unnamed co-conspirators received more than $25 million in interstate wire transfers and private commercial carriers over 16 years from victims who were led to believe that the organization had privileged information that made betting on sporting events a no-risk proposition.
As part of the scheme, Zeidman and his co-conspirators placed misleading radio ads in various U.S. markets, claiming to have a "sophisticated white-collar approach to gathering sports information."
quote:
When listeners contacted the service, which used names like "Gordon Howard Global" and "Ray Palmer Group," they were told the organization had privileged information about fixed games that it received from physicians at colleges and television executives, according to the indictment. Callers were asked to pay a fee for access to the information.
quote:
United States Attorney Breon Peace said in the statement that Zeidman "defrauded" his victims and persuaded them to "drain their retirement accounts to invest in his bogus sports betting group, all so he could spend it on international vacations, a multi-million dollar residence and poker tournaments."
I’d be willing to bet :wink: that there are a lot more, similar things going on out there.
This post was edited on 5/26/22 at 9:17 am
Posted on 5/26/22 at 9:19 am to High C
Should be hit with Rico charges
Posted on 5/26/22 at 9:22 am to High C
quote:
they were told the organization had privileged information about fixed games
Posted on 5/26/22 at 9:23 am to High C
Time to fire up a new season of American Greed
Posted on 5/26/22 at 9:39 am to High C
Golden Nugget is celebrating somewhere
Posted on 5/26/22 at 10:28 am to High C
All he is guilty of is seperating fools and idiots from their money
Posted on 5/26/22 at 1:28 pm to High C
degenerates doing degenerate stuff
Posted on 5/26/22 at 1:44 pm to High C
How is he a poker pro exactly?
Posted on 5/26/22 at 1:59 pm to PeteRose
quote:
How is he a poker pro exactly?
The story said he won a bracelet at the WSOP in 2012 (I believe). “Poker pro” came from the story.
Posted on 5/26/22 at 1:59 pm to High C
A fool and his money are easily parted.
Posted on 5/26/22 at 1:59 pm to High C
quote:
I’d be willing to bet :wink: that there are a lot more, similar things going on out there.
Absolutely 100% correct
Posted on 5/26/22 at 3:30 pm to PeteRose
I’ve won a few tournaments at a casino, I guess I’m a poker pro too.
Posted on 5/26/22 at 3:31 pm to TheWalrus
quote:
Golden Nugget is celebrating somewhere
Hopefully he chimes in.
Posted on 5/26/22 at 3:34 pm to High C
quote:
they were told the organization had privileged information about fixed games that it received from physicians at colleges and television executives,
I’m continually amazed at how dumb people can be
Posted on 5/26/22 at 3:34 pm to TheWalrus
quote:
I’ve won a few tournaments at a casino, I guess I’m a poker pro too.
If you were paid, yes
Posted on 5/26/22 at 4:57 pm to High C
Cosmic karma for slow rolling Jennifer Harman when he had a straight flush
This post was edited on 5/26/22 at 4:58 pm
Posted on 5/26/22 at 5:06 pm to Lawyered
quote:
Cosmic karma for slow rolling Jennifer Harman when he had a straight flush
I don’t get upset about much at the poker table. Make dumb bets, play shite cards and run me down, but DON’T slow roll me.
Posted on 5/26/22 at 6:47 pm to High C
quote:
2004 to 2020
That’s a pretty good run taking advantage of idiots and degenerates.
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