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Cory Zeidman, Poker Player Indicted For $25 Million Fraud – What Happened?

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

Cory Zeidman

Cory Zeidman

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

America District Court docket for the Jap 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 Internet Price – How Wealthy Is He?

In response to, Cory Zeidman’s internet 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 document money of $1105. In response to 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 might spend it on abroad holidays, multi-million greenback residences, and poker tournaments.”

In response to, Zeidman, who was born in New York however now resides in Florida, amassed the funds by way of a wide range of aliases and companies.

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

Cory Zeidman, an expert 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 response to a two-count indictment offered by america District Court docket for the Jap District of New York, Zeidman of Boca Raton, Florida, faces federal accusations of conspiracy to launder cash from 2004 by way of 2020 as a part of the plan.

Extra On Cory Zeidman – Wikipedia Biography

Cory Zeidman is a 61-year-old businessman. In response to a legislation enforcement supply, he’s an expert poker participant who received a bracelet within the 2012 World Sequence 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 info.”

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