[VeggieDog]

https://www.espn.com/chalk/story/_/i...betting-scheme


Full Title:
Cory Zeidman, former WSOP bracelet winner, arrested on charges of fraud, money laundering related to $25 million sports betting scheme



A professional poker player was arrested Wednesday on charges of fraud and money laundering related to a sports betting scheme that brought in more than $25 million from alleged victims.


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.


A law enforcement source confirmed to ESPN that Zeidman, 61, is a professional poker player who won a bracelet at the 2012 World Series of Poker.


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."


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.


"As alleged, Zeidman preyed on individuals who were led to believe he had inside information that would lead them to easy money," Homeland Security Investigations New York acting special agent in charge Ricky J. Patel said in a release announcing the arrest. "In reality, he was selling nothing but lies and misinformation -- bilking millions from victims along the way, leaving their lives in financial ruin and their bank accounts empty."


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."

[gauchojake]

Scam touts getting what's coming to them. I love it. These fukks better take notice.

The "Ray Palmer Group" advertised heavily here on AM sports radio here in LA.

Classic

[sweethook]

love a feel good story

[ChuckyTheGoat]

Interesting story. I have seen several Zeidman videos. What I know:

1) He was actually known as a good Stud poker player.
2) He ran the worst slow-roll ever in Hold-em vs Jennifer Harman. Harman turned a Full House, Zeidman rivered a STRAIGHT FLUSH. With the super-nuts...he slow-rolled Harman and stacked her.
3) Of course, he was a joke on the old Tout videos.

Greed catches up to you. If he made $$ off the tout stuff, get out and try to have some self-respect.

[ChuckyTheGoat]

Here's the poker hammer-hand:

[clockwise1965]

Great news... F.. ings touts..

[jjgold]

This is every tout all scammers

[ChuckyTheGoat]

BTW, Kd must have been folded by someone else. One out on the river.

[pablo222]

Here's the poker hammer-hand:

Was gonna post that video. Crazy hand

[jjgold]

I never met a poker player that wasn’t broke

[big joe 1212]

Lots of suckers out there

Tons more suckers nowadays with kids getting hooked on sports betting, which leads to more touts

[pablo222]

I never met a poker player that wasn’t broke

Online poker was an ATM machine back in the day

[gauchojake]

Pablo was a prolific bum hunter

[pablo222]

Was 13 tabling low stakes tourneys Gooch.

Allowed me to be a bum for a few years.

[lonegambler23]

whens vegas dave serving time?

[ChuckyTheGoat]

I never met a poker player that wasn’t broke

Tell me more, Goldy.

[johnnyvegas13]

Poker players all trash

Not classy like us sports bettors ...

[pablo222]

Correct John. That is why I stopped playing SBR poker

[ChuckyTheGoat]

Poker players all trash

Not classy like us sports bettors ...

Haha. What about Horse bettors?

"Hello, my classy-classy people."

[jjgold]

Poker players scum of the earth
Beg people to get into games as a backer lol

[ttwarrior1]

what was name of it and did anything happen to his helpers

[ChuckyTheGoat]

Poker players scum of the earth
Beg people to get into games as a backer lol

Ha-ha, so true. If a Poker Player secures a loan, they look at that as a Gain. Why pay it back?

Goldy, evaluate the guy in post 19. Would you buy his Tip Sheet?

[Crusherrr]

I never met a poker player that wasn’t broke

Maybe the old degens. Today's wizards are a different breed.

[gauchojake]

The biggest scams in the gambling world in the past 20 years have all been poker related. Poker players in general have a different moral compass.

[chargers4222]

I'm sure there's more to the story, but based on the info in this article alone, I don't even think this should be illegal. The guy is a scumbag, but if you're dumb enough to pay someone for picks then you deserve to lose your money. If anything, the radio stations selling ads to this guy should be held responsible.

[gauchojake]

Jim Cramer is crapping his pants

[newton0038]

Only ripping people off for 16 plus years. Goof. Prison bookie next job

[ChuckyTheGoat]

Jim Cramer is crapping his pants

Tell more. Is Cramer still pumping Lenny Dykstra?

[dlowilly]

I'm sure there's more to the story, but based on the info in this article alone, I don't even think this should be illegal. The guy is a scumbag, but if you're dumb enough to pay someone for picks then you deserve to lose your money. If anything, the radio stations selling ads to this guy should be held responsible.

I think this is different because they were claiming the had info that they didn’t. Other touts just claim to be good at picking winners.

[Str8Mush4Life]

Interesting story. I have seen several Zeidman videos. What I know:

1) He was actually known as a good Stud poker player.
2) He ran the worst slow-roll ever in Hold-em vs Jennifer Harman. Harman turned a Full House, Zeidman rivered a STRAIGHT FLUSH. With the super-nuts...he slow-rolled Harman and stacked her.
3) Of course, he was a joke on the old Tout videos.

Greed catches up to you. If he made $$ off the tout stuff, get out and try to have some self-respect.

He also completely nitted it up in one season of HSP. I think the table was him, Barry, Eli, Daniel, I think Antonio was there and that other dude Armon Fillipi (?) who was popular for about five seconds.

[Str8Mush4Life]

Maybe the old degens. Today's wizards are a different breed.

THIS ^^^^ TIMES 1000.

I guarantee JJ has not rubbed elbows with any of the new generation of poker players. In fact, by JJ's assessment that today's NBA players are more concerned with how many kids they have then he's generally on the level of Matusow, so that explains his view on poker players.........

[Brandt Moat]

Very odd? Seems like most of these $$$$ scams are our "Trusted" Jewish brethren. Keep in mind they only make up a very small percentage of our population. Is there a possibility my bias view of our great Jewish race has some validity? I think so. Enjoy your day-as I will. Just be careful when dealing or working with these types.

[gauchojake]

THIS ^^^^ TIMES 1000.

I guarantee JJ has not rubbed elbows with any of the new generation of poker players. In fact, by JJ's assessment that today's NBA players are more concerned with how many kids they have then he's generally on the level of Matusow, so that explains his view on poker players.........

Lol

[cankid]

Quite the length of investigation