Cory Zeidman has a net worth of $7 million approximately.
Cory Zeidman is a World Series of Poker bracelet winner who has earned about $700000 in his career, but when he wasn’t at the table, he was allegedly running a $25 million illegal sports betting racket.
In connection with a sports betting fraud operation he arranged between Long Island and Florida, the United States District Court for the Eastern District of New York charged Zeidman with conspiracy to commit wire fraud, mail fraud, and money laundering conspiracy.
WSOP: Know Cory Zeidman Net Worth – How Rich Is He?
Cory Zeidman’s estimated net worth is $7 million approximately according to networthpost.org. Zeidman has four event victories and 42 amounts of cash totaling moreover $690000.
His most recent record cash was $1105 on May 22. He “defrauded” his victims, according to the statement, by convincing them to “draw their retirement savings to invest in his fictitious sports betting business, all so he could spend it on overseas vacations, a multi-million dollar mansions, and poker tournaments.”
According to actionnetwork.com, Zeidman, who was born in New York but now lives in Florida, collected the money under many identities and business names.
Cory Zeidman, Poker Player Indicted For $25 Million Fraud – What Happened?
A professional poker player, Cory Zeidman was arrested on fraud and money laundering charges on Wednesday in connection with sports betting conspiracy that allegedly netted more than $25 million from claimed victims.
According to a two-count indictment issued by the United States District Court for the Eastern District of New York, Zeidman of Boca Raton, Florida, faces federal charges of conspiracy to commit money laundering, as part of the scheme that spanned from 2004 to 2020.
More On Cory Zeidman – Wikipedia Biography
Cory Zeidman is 61 years old man. He is a professional poker player who won a bracelet in the 2012 World Series of Poker, according to a law enforcement source.
Zeidman and his accomplices deceived radio listeners by pretending to have a “sophisticated white-collar strategy to acquiring sports information” in numerous U.S. regions.