Serious Charges Have Been Leveled Against A Professional Poker Player

Cory Zeidman, a professional poker player, was detained on Wednesday on allegations of fraud and money laundering in connection with a sports betting conspiracy.

Federal accusations of conspiracy to commit wire fraud and mail fraud have been filed against Zeidman. The alleged plan he was a member of lasted from 2004 until 2020.

Over the course of that time, the alleged victims were paid more than $25 million.

Ricky J. Patel, acting special agent in charge of Homeland Security Investigations in New York, issued a statement on the incident.

According to ESPN, "Zeidman preyed on those who were made to believe he had inside information that would bring them to easy money.

In truth, he was selling nothing but lies and misinformation, bilking victims out of millions of dollars and leaving their lives in shambles with empty bank accounts."

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