WSOP Bracelet Winner Involved in Fraud

Another professional poker player is alleged to be involved in some seedy affairs. Charges of fraud and money laundering have been brought against Cory Zeidman a Florida based pro poker player. Added to that he is also charged with conspiracy to commit mail and wire fraud and money laundering.

Litany of Mounting Charges

The offences span from 2004 to 2020 and the charges are being brought against him by the US District Court of New York. Zeidman has emphatically denied any wrongdoing. Once again it stresses the value of online casinos like wolfwinner online casino, where in, places like the UK and NZ players are protected by vendors such as the UKGC, MGA and Curacao iGaming.

Cory Zeidman won the World Series of Poker in 2012 and has coined $691,141 in live table earnings and is said to have been in cahoots with co-conspirators with a total of $25 million worth of transgressions in wire transfers and private commercial carriers.

It is alleged that Zietman convinced people that sports betting was a sure form of investing and that by trusting him they would realize a profit which continued for 16 years with the operation trying to reach as many people as possible by paying for various ads on US radio stations that purported a sure betting system and a white-collar approach to gathering sports betting data and information.

The organization was introduced as the Ray Palmer Group and Gordon Howard Global and it was a simple enough scheme as Zietman would never place bets on behalf of his clients but instead provide them with actionable information claiming it would guarantee guaranteed sports betting wins.

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Final Thoughts

Zietman is said to have drained people out of their life savings and retirement funds as they believed they were making smart bets that would guarantee sure wins. Instead in reality they were given bogus information and lost everything. This case involving a $25 million Sports betting scheme is ongoing.