Poker pro pleads guilty in $25 million sports betting fraud scheme

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Poker pro pleads guilty in $25 million sports betting fraud scheme
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A Long Island professional poker player provided false information to sports bettors as part of a $25 million scheme.

UnitedHealthcare CEO was facing DOJ insider trading probe when he was killed in targeted NYC shooting

Cory Zeidman, 63, who is from Syosset, New York and now lives in Boca Raton, Florida, pleaded guilty on Wednesday “to conspiracy to commit wire and mail fraud” in a fake gambling advice ring that brought in customers across the country from 2006-20. “Our company would occasionally provide potential customers with false information regarding information that our company had about various sporting events in order to induce those customers into paying fees in exchange for sports betting advice,” Zeidman told Judge Lee Dunst during the plea hearing. “Fees the customers paid and for which I profited.

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