Cory Zeidman, Poker Participant Indicted For $25 Million Fraud

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Cory Zeidman has an estimated web value of $7 million.

Cory Zeidman

When Cory Zeidman wasn’t on the desk, he was reportedly conducting a $25 million illicit sports activities betting ring.

The US District Court docket for the Japanese District of New York accused Zeidman with conspiracy to commit wire fraud, mail fraud, and cash laundering conspiracy in reference to a sports activities betting fraud enterprise he orchestrated between Lengthy Island and Florida.

WSOP: Know Cory Zeidman Web Price – How Wealthy Is He?

In accordance with networthpost.org, Cory Zeidman’s web value is estimated to be round $7 million. Zeidman has 4 occasion victories and greater than $690,000 in prize cash.

On Might 22, he set a brand new file money of $1105. In accordance with the assertion, he “defrauded” his victims by encouraging them to “deposit their retirement financial savings in his phony sports activities betting agency, all so he may spend it on abroad holidays, multi-million greenback residences, and poker tournaments.”

In accordance with actionnetwork.com, Zeidman, who was born in New York however now resides in Florida, amassed the funds via quite a lot of aliases and companies.

Cory Zeidman, Poker Participant Indicted For $25 Million Fraud – What Occurred?

Cory Zeidman, knowledgeable poker participant, was arrested on Wednesday on accusations of fraud and cash laundering in reference to a sports activities betting conspiracy that allegedly garnered greater than $25 million from alleged victims.

In accordance with a two-count indictment introduced by the USA District Court docket for the Japanese District of New York, Zeidman of Boca Raton, Florida, faces federal accusations of conspiracy to launder cash from 2004 via 2020 as a part of the plan.

Extra On Cory Zeidman – Wikipedia Biography

Cory Zeidman is a 61-year-old businessman. In accordance with a legislation enforcement supply, he’s knowledgeable poker participant who received a bracelet within the 2012 World Collection of Poker.

In a number of U.S. places, Zeidman and his associates mislead radio listeners by claiming to have a “refined white-collar method to getting sports activities data.”

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