Money Poker Sites
If you pay close attention to the big download free poker sites, you might have heard of Jose Macedo and the trouble he has had with his poker playing peers. His reputation has been quickly destroyed, as well as those of his backers, Haseeb “DogIsHead” Qureshi and Daniel “Jungleman” Cates.
Macedo said that he would pay back the $30k he scammed from the players that fell into his scheme. On the other hand Lock Poker, a room that offers a myriad of poker bonuses, made public that they will pursue legal action against the fallen superstar.
Before the scandal unfolded, Macedo had become a Lock Poker pro. This position was taken away after the accusations and admission of guilt that followed, however. Most observers assumed this would be the relative end of the story as Macedo would most likely disappear after paying back his victims.
A poker…Read More
The Department of Justice has given an indictment to eleven people involved with payments to and from Full Tilt, PokerStars, and the Cereus sites. The alleged crimes committed include money laundering and conspiracy to commit bank fraud. Payment processors that served the three money poker sites are also among those charged.
Bradley Franzen chose to plea not guilty to a US magistrate in New York. Franzen, a payment processor, is being charged for making fake websites and companies in order to hide transactions with poker sites. He is also accused of tricking banks about these transactions.
FBI agents saw Franzen surrender himself in New York yesterday. He was released after his parents signed for a $200k bond based on their home. If he is convicted of conspiracy to commit bank and wire fraud, he could be looking at 30 years in jail.
Also pleading guilty is Chad Elie,…Read More