Former WSOP bracelet winner charged with fraud, money laundering related to $25M sports betting scheme

Wednesday, May 25, 2022 11:48 PM
  • David Purdum, ESPN

A professional poker player was arrested Wednesday on charges of fraud and money laundering related to a sports betting scheme that brought in more than $25 million from alleged victims.

Cory Zeidman, of Boca Raton, Florida, faces federal charges of conspiracy to commit wire fraud and mail fraud, and conspiracy to commit money laundering as part of the scheme that spanned from 2004 to 2020, according to a two-count indictment out of the United States District Court for the Eastern District of New York.

A law enforcement source confirmed to ESPN that Zeidman, 61, is a professional poker player who won a bracelet at the 2012 World Series of Poker.