Saturday, August 24, 2013

Poker Pros Caught In Illegal Scam



An illegal sport betting ring was busted earlier this year in April where there were reports of more than 100 million dollars being embezzled. A couple of high stakes poker pro players namely Justin Smith and Edwin Ting who are hailed as big names in the field of poker have pleaded guilty. They have agreed on claims of having connection with an underground poker agency.
As per reports that featured on New York daily news, Smith admitted that he took a payment from internet gambling sites. At the same time, Ting has also admitted that he was operating a gambling business which was illegal. Both these star poker players could face up to five years of imprisonment for their charges. They are set to appear in court in the next month.
As per other sources, there are a lot of other top poker players too who are involved in the scam. There are rumors that the entire scam is linked to Russian mob. Three other names that have come up include those of Trincher, Hanson and Azen. These three players can face huge penalties as they may be spending 90, 92 and 115 years in imprisonment.
The crackdown that took place in April tracked down 34 players and the future of all the accused looks gloomy and dark. As per statement by New York police commissioner, the revenues that were generated from these poker games were used to fund the different crime activities that were carried out overseas.
Back in the month of July, Bryan Zuriff, a top Hollywood producer was the first defendant who pleaded guilty in the case. Contributed by CasinoWebScripts, leading gamingsoftware providers that aim at keeping their audience informed about top gaming news from all over the world.

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