Cory Zeidman Pleads Guilty to Sports Betting Fraud Scheme

Cory ZeidmanWSOP Bracelet WinnerSports Betting FraudPoker NewsLegal Cases in PokerCory Zeidman FraudWSOP Winner Legal TroublesSports Betting ScamPoker Legal NewsWire Fraud Conspiracy 🕒 2 🗒️ 362

Former WSOP bracelet winner Cory Zeidman has admitted guilt in connection to a $25 million sports betting fraud scheme. The 64-year-old poker pro, who was once celebrated in the poker community, has now become a cautionary tale of deception and greed. His involvement in this large-scale operation exploited vulnerable individuals seeking insider tips on sporting events.

Details of the Fraud

Zeidman’s scheme, operational between 2004 and 2020, revolved around fraudulent claims of having “privileged” information on sports outcomes. These false promises, primarily advertised via radio commercials, lured victims by guaranteeing substantial returns on their investments. However, most of these so-called insider tips were fabricated or drawn from publicly available information.

Clients paid hefty fees under the impression that they were engaging in secure betting opportunities. Instead, they were systematically defrauded, with the operation generating millions of dollars for Zeidman and his associates.

The Investigation and Guilty Plea

In May 2022, Zeidman’s fraudulent activities came to light when he was arrested. Initially maintaining his innocence, he even quoted Friedrich Nietzsche, portraying himself as a victim of overzealous authorities. Despite his declarations of moral integrity, mounting evidence led him to plead guilty in October 2024 to charges of conspiracy and wire fraud.

The plea was entered in the United States District Court for the Eastern District of New York, marking a significant shift in his defense strategy. His legal team acknowledged the overwhelming evidence against him, leaving no viable alternative.

Sentencing and Fallout

While sentencing has yet to be finalized, Zeidman faces a potential 20-year prison term and restitution payments amounting to $3.6 million. His arrest and subsequent plea have not only tarnished his reputation in the poker world but also ended his career as a respected player. He has since refrained from participating in live tournaments, though reports suggest he continues to play in smaller cash games in Florida.

Zeidman’s case underscores the dangers of greed and deceit, even in a community as tight-knit as the poker world. His fall from grace serves as a reminder of the importance of ethical conduct both at and away from the tables.

For more updates on this case and other poker-related news, stay tuned to PokerNews.

FAQ

ギルクラロングフリーズで3000枚超え！神恩恵完全解説

ギルクラのロングフリーズの恩恵は？ ギルクラ、つまり『スマスロ ギルティクラウン2』で大人気のロングフリーズは、画面が長く止まる派手な演出です。

What is the future of the game of roulette?

What is the future of the game of roulette? One potential future for roulette is the integration of virtual and augmented reality technologies. This would allow players to immerse themselves in a virtual casino environment and enjoy a more realistic and engaging gaming experience. Another potential future for roulette is the continued growth of online gaming. As more and more people turn to the internet for their gaming needs, online casinos are likely to become even more popular.

ギルクラのあらすじ完全解説！2012年SFバトルアニメの衝撃物語

「ギルクラ」は、2012年に放送されたアニメ『ギルティクラウン』の通称で、アポカリプスウィルスという未知のウイルスが蔓延し、超国家間組織GH

When and why was the double zero added to the American roulette wheel?

When and why was the double zero added to the American roulette wheel? The double zero was added to the American roulette wheel in the mid-19th century. The exact year is not clear, but it is believed to have been added around the 1860s. The reason for its addition was to increase the house edge, making the game more profitable for the casino. At the time, gambling was not regulated in the United States, and casinos were free to set their own rules and payouts.

No Wagering vs No Deposit Bonuses: Common Casino Bonus Confusion in the USA

Casino bonus terminology is often used interchangeably, which leads to confusion for many U.S. players. Terms like no wagering, no deposit, and free spins frequently appear together in search results, even though they describe different bonus mechanics. This FAQ explains how these bonus types differ and why misunderstanding them can lead to unrealistic expectations. Is a no wagering bonus the same as a no deposit bonus? No wagering bonuses and no deposit bonuses are not the same.

This site only collects related articles. Viewing the original, please copy and open the following link:Cory Zeidman Pleads Guilty to Sports Betting Fraud Scheme

Bitcoin Casino Guide – Slots, Blackjack, Sites & Provably Fair Gaming
Latest Articles Popular Articles
Recommended Articles
# Article Title Keyword Article Link Article Details
How to Start Playing Online Poker in 2025: A Beginner’s Guide
How to Download Register and Master WPT Global: 2025 Ultimate Guide
WPT Global Cow Boy:A Players Perspective
What Players Actually Experience With No and Low Wagering Casino Bonuses
WPT World Championship 2024 Kicks Off at Wynn Las Vegas: What to Expect
Frank Stepuchin Leads 2024 WPT Seminole RRPO After Day 1
Golden Bounty Championship: Your Weekly Shot at $100K on WPT Global
Online Casino Welcome Bonus No Deposit 2025
One Shot – Freezeout Tournament by WPT Global
WPT Global’s Sunday Hyper PKO Showdown: Low Buy-In High Excitement
WPT Global Tournament Schedule 2025
The Thrilling Race for WPT Season 22 Player of the Year at Wynn Las Vegas
Timothy Chung: From Birthday Party to WPT Prime UK Champion
Who Has the Most WSOP Bracelets?
Is Global Poker Real Money?
How to Win at Online Blackjack: Strategies for 2025
How to Win at Online Slots in 2025 with WPT Global
WPT Global No Deposit Bonus 2025 – Try Real Online Poker Risk-Free
No Deposit Free Spins at WPT Global – Play Without Spending
Qualify for Red Dragon Poker Tour Jeju 2025 via WPT Global Satellites
Can I Play GGPoker in the US?
Most Trusted Online Casino: WPT Global
What is Hyper Dash in WPT Global?Dive into Quick Thrilling Poker Action!
A Woman’s Guide to Selecting the Perfect Sex Toy
Phil Ivey Hosts Festive Meet-Up Game at Wynn Las Vegas This December
Eligible Countries for EVERYGAME Poker: Join the Action with bonus code
2025 WSOP Explosion! New Formats + Huge Prizes Poker Players Must Not Miss It!
WPT Global Now Title Sponsor For Triton Poker Super High Roller Series
WPT Prime Championship Returns with Jereld Sam Shining
WPT Global Bonus Terms: Cashing In Made Simple
Why No Wagering and Low Wagering Casino Bonuses Are Often Misunderstood
Martin Tsvetanov Wins Record-Breaking Eureka Main Event at EPT Prague
Qualify for the WPT Global Main Event via Low Buy-In Satellites
Top 5 Online Casinos of 2025: Where to Play and Win Big
WPT Global: The Premier Choice for Poker Players
Doug Polk Faces Backlash Over Playing in His Own Tournaments at The Lodge
Cory Zeidman Pleads Guilty to Sports Betting Fraud Scheme
Shevliakov’s Comeback Wins Million-Euro Prize! How Did an Amateur Shock Everyone at the EPT Monte Carlo?
WPT Global vs GGPoker: Which Poker Platform Should You Choose in 2025?
New Rules for WSOP Paradise: Electronic Devices and Real-Time Assistance
Brazilian Rising Star Shocks Everyone by Winning Million-Euro Prize in Monte Carlo Poker World Welcomes a Super Dark Horse!
WPT Global Casino: A Fun-Filled Adventure
Top Online Poker Tournaments to Watch and Play in 2025
WPT Global Withdrawal Guide: Cashing Out Made Simple
WPT Global ¥110 CN¥ Million Sunday Hyper PKO Showdown​
Use WPT Global Passport Dollars to Enter Triton High-Stakes Events
Paulius Plausinaitis Wins GGMillion$ SHR for $315054
Is Online Poker Rigged?
Use WPT777 Bonus Code to Claim Your Special Offer at WPT Global
WPT Global Million Sunday Hyper PKO Showdown: Event Details & Guide
Why No Wagering Casino Bonuses Are Rare in the U.S. Market
How to Qualify for WPT Live Events Online in 2025
Bitstarz no deposit bonus up to 5 BTC and 200 free spins
WPT Globals New Welcome Bonus: Up to $3580 in Rewards
Top No Deposit Bonus Casinos in 2025: Play and Win Without Spending a Dime
Top Online Casino Apps of 2025
WPT Global Newest Promo: Ticket to Some Additional Play Money
Which Countries Can Play WPTGlobal in 2024?
Play Online Poker on Android: The 2025 Guide