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High C
USA Fan
viewing the fall....
Member since Nov 2012
47585 posts
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Poker pro arrested on charges stemming from a $25M sports betting scheme

LINK

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 at 9:17 am


Jones
Member since Oct 2005
84783 posts
 Online 

Should be hit with Rico charges


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62
Master of Sinanju
Member since Feb 2012
10710 posts

quote:

they were told the organization had privileged information about fixed games 




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260
504Voodoo
Arizona Fan
New Orleans
Member since Aug 2012
12873 posts

Time to fire up a new season of American Greed


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120
TheWalrus
LSU Fan
Memphis
Member since Dec 2012
33743 posts

Golden Nugget is celebrating somewhere


joshnorris14
Florida Fan
Florida
Member since Jan 2009
44238 posts
 Online 

All he is guilty of is seperating fools and idiots from their money


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392
Pettifogger
Atlanta Braves Fan
Capitol Hill Autonomous Zone
Member since Feb 2012
72003 posts

degenerates doing degenerate stuff


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30
PeteRose
LSU Fan
Hall of Fame
Member since Aug 2014
15161 posts

How is he a poker pro exactly?


High C
USA Fan
viewing the fall....
Member since Nov 2012
47585 posts
 Online 

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.


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Tiger Ryno
Houston Astros Fan
#WoF
Member since Feb 2007
99694 posts

A fool and his money are easily parted.


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10
TD SponsorTD Fan
USA
Member since 2001
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Double Oh
Louisiana
Member since Sep 2008
14501 posts

quote:

I’d be willing to bet :wink: that there are a lot more, similar things going on out there.





Absolutely 100% correct


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TheWalrus
LSU Fan
Memphis
Member since Dec 2012
33743 posts

I’ve won a few tournaments at a casino, I guess I’m a poker pro too.


James11111
Walnut Creek
Member since Jul 2020
3198 posts

quote:

Golden Nugget is celebrating somewhere


Hopefully he chimes in.


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Ed Osteen
New Orleans Saints Fan
Member since Oct 2007
55871 posts
 Online 

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


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11
the LSUSaint
LSU Fan
Member since Nov 2009
15381 posts

quote:

I’ve won a few tournaments at a casino, I guess I’m a poker pro too.


If you were paid, yes


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30
lsutigerdan
Murray State Fan
Member since Jan 2006
1850 posts

quote:

Zeidman


Shocked!


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41
Lawyered
Ole Miss Fan
The Sip
Member since Oct 2016
21517 posts

Cosmic karma for slow rolling Jennifer Harman when he had a straight flush
This post was edited on 5/26 at 4:58 pm


High C
USA Fan
viewing the fall....
Member since Nov 2012
47585 posts
 Online 

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.


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06
Strannix
USA Fan
Banana Republic
Member since Dec 2012
43209 posts

Sad people are so gullible


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21
tigerpimpbot
LA-Monroe Fan
Chairman of the Pool Board
Member since Nov 2011
63902 posts
 Online 

quote:

2004 to 2020


That’s a pretty good run taking advantage of idiots and degenerates.


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