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| News, Views, and Gossip For poker news, views, and gossip |
07-24-2012, 11:25 AM
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#106
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grinder
Join Date: Jun 2011
Posts: 641
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Interesting. He DOES have Grinder down as an unsecured creditor - but for "possible contribution claim" for "Southern Star Gaming". Anyone know what that is? Hopefully Giorgio isn't trying to pass off a gambling debt as a legitimate business related unsecured claim; or else he's gonna be in a lot more trouble than just being busto.
Also: LOL at 220 bucks owed to the UNLV dental college. You know you are busto when you can't afford a real dentist to work on your grill.
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07-24-2012, 11:47 AM
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#107
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enthusiast
Join Date: Nov 2007
Posts: 56
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
Assets - $34,300.00
Liabilities - $36,214,145.74
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07-24-2012, 01:58 PM
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#108
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old hand
Join Date: Apr 2010
Location: Where they don't respect my raises
Posts: 1,663
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
grunch after 30 or so replies
Bankruptcy has next to nothing to do with the bet. The court isn't going to enforce a gambling debt or even count it among liabilities when evaluating a bankruptcy filing.
If the only issue is a gambling debt you can't or don't want to pay, just skip the bankruptcy filing.
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07-24-2012, 02:39 PM
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#109
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journeyman
Join Date: Jun 2012
Posts: 312
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
Bankruptcy has nothing to do with this. This was a one-way bet from the beginning.
Reminds me of a time when a friend of mine owed a Vegas casino 40k that he didn't have. He thought he was safe in MI. He got a phone call one day and was told to look outside. His car blew up. He paid.
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07-24-2012, 07:20 PM
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#110
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stranger
Join Date: Jul 2012
Posts: 7
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
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07-24-2012, 07:26 PM
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#111
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stranger
Join Date: Jul 2012
Posts: 7
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
All this winnings
$50,000 Poker Player's 8-Game Championship
1st
$1,559,046
$10,000 Seven Card Stud Championship
6th
$68,949
$10,000 Limit Hold'em Championship
8th
$49,732
$10,000 No-Limit Hold'em Championship Main Event
5th
$2,332,992
and then getting foreclosed for 339.711 great
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07-24-2012, 10:11 PM
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#112
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Pooh-Bah
Join Date: Aug 2009
Posts: 4,140
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
The property was lost before he won all that.
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07-25-2012, 12:02 AM
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#113
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aka JimmyLegs
Join Date: Nov 2006
Location: @TheMicros
Posts: 2,119
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
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07-25-2012, 02:10 AM
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#114
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stranger
Join Date: Jul 2012
Posts: 7
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
Quote:
Originally Posted by madlondoner
The property was lost before he won all that.
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Nothing to do with property.
This are back taxes. Big SCUMBAG
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07-25-2012, 02:13 AM
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#115
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stranger
Join Date: Jul 2012
Posts: 7
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
Quote:
Originally Posted by LancyHoward
Bankruptcy has nothing to do with this. This was a one-way bet from the beginning.
Reminds me of a time when a friend of mine owed a Vegas casino 40k that he didn't have. He thought he was safe in MI. He got a phone call one day and was told to look outside. His car blew up. He paid.
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NICE JOKE HAHAHAHA 
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07-25-2012, 03:43 AM
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#116
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stranger
Join Date: Jul 2012
Posts: 7
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
What a nice Guy Michael Mizrachi THE GRINDER
Poker champ Mizrachi owes $340,000 in taxes and is in foreclosure
South Florida's Michael 'The Grinder' Mizrachi has $6.9 million in tournament winnings
May 12, 2010|By Nick Sortal, Sun Sentinel
South Florida poker superstar Michael Mizrachi, with $6.9 million career winnings, owes almost $340,000 in federal taxes and is facing foreclosure.
Mizrachi, 29, who had a record-breaking 2005 World Series of Poker, has been hit with a $339,711 lien from the Internal Revenue Service, records show. A Hollywood condo he owned with his brother, Robert Mizrachi, was foreclosed on and sold via an online auction on Wednesday. His Miramar home was foreclosed on in March, and is up for sale next week, according to court records.
Clean your house GRINDER
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07-25-2012, 03:04 PM
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#117
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veteran
Join Date: Oct 2011
Location: Los Angeles
Posts: 2,646
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Quote:
Originally Posted by PokerPro73
  Looks like Giorgio Medici is posting with userid fish21.
Nice try SCUMBAG! Busted! Ha-ha-ha!  
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This
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07-25-2012, 06:03 PM
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#118
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grinder
Join Date: Sep 2005
Posts: 656
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
Quote:
Originally Posted by John Wray
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now that was brilliant...A+
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07-26-2012, 03:50 PM
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#119
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Carpal \'Tunnel
Join Date: Jan 2008
Location: Foothills
Posts: 6,824
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
Quote:
Originally Posted by striker_1
Bunch of tweets from Michael Mizrachi @TheGrinder44
Question?What If someone makes a bet lays 5-1 on a bracelet bet u lay 20k to win 100k and when It comes to pay he says he files bankruptcy!
Hi Michael I am sorry but certain circumstances came up and I had to file bankruptcy. I listed you to in the list and I know you received
letter from the law office Bricks. Again I am sorry but there is nothing I can do
My response: Why did you make a bet if you can't honor it ? I paid $47,500 to every 1 who had action! You can work a payment plan ?
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Same reason you'd get a loan and not make payments, I guess:
http://forumserver.twoplustwo.com/29...losure-782178/
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07-26-2012, 08:40 PM
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#120
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centurion
Join Date: Nov 2011
Location: Las Vegas via WA
Posts: 162
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Re: Giorgio Medici filed bankruptcy to avoid paying a bracelet bet to the grinder?
played with him to my left in caesars AVP $350 in june. confirmed biggest fish ive ever seen in a liveament in Vegas.
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