Cory Zeidman Net Worth

During his poker playing career, Cory Zeidman has been on several televised high-stakes cash game productions. During his time as a player, he has collected a total of $690,000 in tourney cashes. He has also collected a bracelet at the 2012 World Series of Poker (WSOP), a $1,500 Seven Card Stud Hi-Lo 8 or Better bracelet event. This is not his only accomplishment; Zeidman has also won a cooler against Jen Harman at the 2005 WSOP Main Event. In addition, Zeidman has finished in the top 12 at a $400 buy-in pot-limit Omaha 8 or Better event.

While his poker playing skills are well-known, Zeidman is also a well-known figure in the high-stakes sports wagering business. He is alleged to have been involved in a high-stakes sports wagering scheme spanning from 2004 through 2020, which resulted in tens of millions of dollars in losses to his clients. According to the Justice Department, many of those involved in the scheme lost their life savings. Zeidman supposedly used a sophisticated white-collar approach to gathering sports information for his clients. He also used clever words and phrases to disguise his scheme as a legitimate business.

The federal government recently unsealed an indictment against Zeidman for his role in the aforementioned sports wagering scheme. This indictment claims that Zeidman led a group of sports betting operators in New York and Florida that allegedly collected more than $25 million from their customers. Zeidman is also accused of a number of other crimes, including money laundering and wire fraud.

According to the indictment, Zeidman was involved in a high-stakes wagering scheme that lasted from January 2004 to March 2020. According to the Justice Department, Zeidman and his associates supposedly had access to inside information on a number of sporting events. In order to get this information, they required payment. The indictment claims that Zeidman used various aliases, including the Phoenix Organization, to lure clients to his betting operation. The unnamed “Co-Conspirator #1,” who provided the information to investigators, is alleged to have lived in south Florida.

The most important part of Zeidman’s alleged scheme was not the fact that he had access to information, but rather the fact that he took advantage of his customers’ love of sports. He was able to deceive many of his customers into draining their retirement accounts and taking a large number of sports bets. According to the Department of Justice, many of the Zeidman gang’s clients lost their life savings to their scheme.

The most interesting part of this scheme was that Zeidman used clever wording and phrases to disguise his fraud. In fact, he was able to deceive his customers into believing that he had access to inside information on a number on sports bets. He also allegedly made a number of claims that he was the brains behind the scheme. One such claim was the fact that he knew that a number of sporting events were fixed. He also claimed to have a number of other claims, but the ones he actually made are not so impressive.