Cory Zeidman, a World Series of Poker winner, is accused of taking high fees for insider “sure bet” game tips that were either made up or found on the internet.
The Florida head of a high-priced sports gambling tip service has been charged with allegedly fleecing customers out of $25 million with promises of “sure bet” insider info on college and pro games that turned out to be made up or widely available online.
Billing the service as more of an investment vehicle than pure gambling, customers were lured into paying large fees to “get in on the ground floor” of a major money-making opportunity. In the end, many customers ended up losing their shirts rather than hitting it big, and prosecutors say Zeidman pocketed at least $25 million in fraudulently-obtained money over a 15-year period. Some lost their entire savings to the fraud, prosecutors said.
Zeidman, a World Series of Poker bracelet winner with nearly $700,000 in career earnings, allegedly also went by a number of aliases, including Richard Barnes, Walter Barr, Mr. Carlyle, Rick Cash, Joel Orenstein and Steve Nash.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Recreational weed sales in N.J. neared $25 million in the first month - from only 12 storesStatewide during the first month of legal recreational weed sales consumers spent $24.2 million, the N. J. Cannabis Regulatory Commission reported.
Lire la suite »
Starlink launches satellite internet for RVs that costs $25 more | EngadgetStarlink launches satellite internet for RVs that costs $25 more
Lire la suite »
SpaceX expands its Starlink service for RV users. But it's an extra $25 monthlySpaceX is now offering Starlink internet to RVs and campervans, but RVs will have to be stationary to connect to Starlink.
Lire la suite »
The surprising secrets behind the most dominant team in sportsOklahoma softball is arguably the most dominant team in sports right now 😤 TheHallieG writes about their secrets for success in the latest Cover Story ✍️
Lire la suite »
Texas school shooting: LeBron James, NBA coach Steve Kerr, sports community call for change amid tragedyLeBron James and other sports figures took to social media to share their condolences and make a call for change in the wake of a Texas school shooting on Tuesday that left at least 19 students dead.
Lire la suite »
Toyota GR86 review: close to sports car perfectionWe've tested the new Toyota GR86: 'Close to affordable sports car perfection,' says TimPollardCars 👀
Lire la suite »