Primitive poker knowledgeable Cory Zeidman, indicted last month on federal costs related to an alleged sports making a bet money laundering and “fraud plot,” made his preliminary appearance in court Tuesday afternoon the obtain he entered a no longer guilty plea.
Following the arraignment, the 2013 World Series of Poker bracelet winner offered a transient assertion with PokerNews:
“Within the words of (German logician Friedrich) Nietzsche, ‘All the pieces the tell says is a lie and every little thing it has it has stolen.’ They took all my money and so they look upset that I would no longer plead to things I haven’t performed. I’ve been knowledgeable by my council to no longer compile into vital aspects but I anxiously look forward to my day in court. I in actuality hold worked in the sports handicapping industry for the past 40 years starting with ‘professor picks.’ Change secret — he wasn’t a staunch professor. I need to thank the outpouring of sure words in crimson meat up from my end family and mates who know me only as a person with the absolute best diploma of morals and integrity.”
Not Responsible Plea
Zeidman looked sooner than United States District Court Jap District of Novel York Resolve Joanna Seybert on Tuesday along with his licensed knowledgeable, Morgan Zeidman. The poker player waived his factual to a rapidly trial and, following his no longer guilty plea, became once suggested a pre-trial conference has been residing for June 24, per court documents bought by PokerNews.
In a 13-page indictment filed on May moreover impartial 17, the Feds tell that Zeidman held a leadership position in the “Phoenix Group” from January 2004 to March 2020 and that he and his co-conspirators “positioned advertisements on the radio in a quantity of markets throughout the USA, which falsely marketed a ‘sophisticated white-collar approach to gathering sports records’ and promised ‘wagering as investing, no longer excessive-risk playing.’”
$25 Million Alleged Sports actions Having a bet Scheme
The bracelet winner is charged with “conspiracy to commit wire fraud, mail fraud and money laundering conspiracy in connection with a sports making a bet fraud plot he operated from Lengthy Island and Florida.”
He became once arrested May moreover impartial 25 in Florida, and his case at first got intensive mainstream media protection. USA At the novel time, ESPN, and loads other major news shops picked up on the story.
Zeidman is accused to hold falsely claimed to hold “privileged” or internal records about the wearing events and “falsely claimed that there became once no risk related to their wages.”
In change for the records, which prosecutors protest “became once both fictitious or bought from an internet search,” Zeidman and his co-defendants demanded the victims pay costs and are accused to hold light extra than $25 million in costs between 2004 and 2020.
Zeidman has almost $700,000 in live match cashes, most particularly a WSOP bracelet rob in a 2013 $1,500 Seven Card Stud Hello-Lo 8 or Better match for $201,559.