where does it say he got bailed? DVD investigation was ongoing since 2012

not much of an update:


Lisa Spengler, a spokeswoman for the New Jersey Division of Gaming Enforcement, confirmed that the investigation continues. The division’s order suspending play remains in place, she said.

It remains unclear what will become of the buy-in money players’ paid as well as the prize pool. The tournament began Jan. 14 with a $560 buy-in for $20,000 chips. At the time play was halted, 27 people remained.


http://www.pressofatlanticcity.com/n...9bb2963f4.html

[QUOTE=ngrund;42142731]not much of an update:


Lisa Spengler, a spokeswoman for the New Jersey Division of Gaming Enforcement, confirmed that the investigation continues. The division’s order suspending play remains in place, she said.

It remains unclear what will become of the buy-in money players’ paid as well as the prize pool. The tournament began Jan. 14 with a $560 buy-in for $20,000 chips. At the time play was halted, 27 people remained.


http://www.pressofatlanticcity.com/n...9bb2963f4.html[/QUOTE

What do you mean "not much of an update"? One hell of an update as far as the meaning of cancelled goes.
I had always wondered who decided to 'cancel' rather than 'suspend pending investigation'. I figured if it was a casino employee that they should have been fired. And, in typical government fashion, if it was a NJDGE employee that they would be getting a promotion.
Looks like just a poor selection of words in the thread title now. Will this end the discussions of 'What the meaning of "is" is?'

This tournament will set a precedent on how all future MTTs will handle cheating.
That is why refunding everyone is so dangerous.

Not really. I can count on one finger the number of tourneys in past decade cancelled due to cheating. (That I know of at least)

Exactly.

However, If everyone is refunded, that is about to change.

Cancelled means the event is null and void; it is as if it never took place and all wagers are refunded. Here's an example from a Nevada gaming reg which pertains to parimutual races:

30.460 Cancelled contests.

1. If a contest is cancelled or declared “no contest,” refunds shall be granted on valid wagers in accordance with these regulations.

2. The State Steward has the authority to cancel wagering on an individual wagering interest or on an entire race. The State Steward can also cancel a pari-mutuel pool for a race or races if such action is necessary to insure fairness and to protect the integrity of the race.

http://gaming.nv.gov/modules/showdoc...ocumentid=2957

Or more on point, I'll reiterate an example I used earlier in this thread. In 1994, the MLB Season ended in the middle of September due to a labor strike and the World Series was cancelled. Bettors who had placed futures bets earlier in the year on who would win the AL & NL penants as well as on who would win the World Series all received refunds because the betting event(s) had been cancelled. It didn't matter if the team they had wagered on had already been mathematically eliminated from contention (busted out) or whether they were leading their respective division at the time of the strike. The "event" was cancelled and therefore all wagers were refunded.

Part of Lusardi's restitution was going to be gving all entrants free dvd's, lol.

Explain please, and show your work.

Lusardi will get the book thrown at him. But despite that, you think people will be enticed enough by the possibility of a $560 refund to risk ten years in jail? Just for the "freeroll" as set by this "dangerous" precedent. Please address this point specifically.

In other words, the refund to all players is a tipping point that will create a new wave of counterfeiters?

I don't think you can compare sports betting and tournament poker in this situation. I do not believe they meant to use the word cancelled when the tournament was halted.

The most logical thing they can do is probably: 1. ICM chop for the remaining players if none of them are involved 2. Some sort of comp for all the players that played in this event.

After all, everyone had to play under the same circumstances. And most of the players that played in the event probably never played with Lusardi at the same table (Some people are gona mention the butterfly effect - blah blah blah). People are just looking for hand outs as usual.

VP$IP:

Yes, the wheels of justice do indeed turn slowly. In the case of Mr. Lusardi, it looks like the wheels are going to turn very slowly. New Jersey prosecutors want to make sure they dot all the "i's" and cross all the "t's" and go strictly by the book. The NJDGE wants to make sure this professional criminal doesn't walk on a technicality. Also, with federal authorities finding 35,000 counterfeit DVDs in his home down in North Carolina, it's starting to look like lovable old Christian isn't going to plea bargain his way out of this one. (I wonder what the minimum sentence is for being found guilty of a single count of copyright infringement?)

My prediction is Mr. Lusardi gets convicted on enough charges (both state and federal) to ensure he spends the next 25 years behind bars. Authorities want to make an example out of this guy. They basically want to scare the s**t out of any morons who might be thinking about trying the same stunt.

jj

An aside, the article indicates he made chips with spray paint with his daughter. Does this allow use to infer the shiny chips were the fakes......

So, who's ready for the Spring Poker Open in April?

Offender Details [vinelink.com]

Offender Name: CHRISTIAN LUSARDI
Offender ID:0100222778
Date of Birth:12/16/1971
Age: 42
Race: White
Gender: Male

Custody Status: In Custody
Location of Offender:Atlantic County Jail

There's no way this guy spends the next 25 years in prison over this. And he doesn't deserve to spend 25 years over this, either. Stop with the nonsense already.

Guess he didn't play (along)...


http://www.pressofatlanticcity.com/n...9bb2963f4.html

According to court documents, Lusardi came up with the idea of entering fake chips into the tournament at least six months before it took place. Investigators interviewed Shaheim Sheridan, of Fayetteville, N.C., in the course of the investigation.

He told authorities that Lusardi approached him with the idea of introducing counterfeit chips into a poker tournament in July, but he declined to participate in the scheme.

Apparently from this quote there is a chance that the tournament is resumed. Note the use of the word suspended and play halted.

Lisa Spengler, a spokeswoman for the New Jersey Division of Gaming Enforcement, confirmed that the investigation continues. The division’s order suspending play remains in place, she said.

It remains unclear what will become of the buy-in money players’ paid, as well as the prize pool. The tournament began Jan. 14 with a $560 buy-in for $20,000 chips. At the time play was halted, 27 people remained.

Nice work !!

Thx

cant speak to the DVD issue, but yes obv not anywhere close to 25 for chipgate.

But it wont matter, as wont take nearly that long for Bubba and gang to get their cuddle time with Lusardi and any other co-conspirators in Cell Block D (I'd give it about 4 days !)

And yes, for the pain he's caused I'd say that pending punishment fits the crime quite nicely.

Karma is a bitch as they say.

Here is some home video from Lusardi's new digs.

It does seem like resuming play is best option.

I also think it's fair to say that no one else was helping Lusaridi as of yet, so they should treat every one else as innocent victims and replace chips with correct chips.

Wtf was the criminal thinking, did he really think he could get away with it obv not even half a brain. Seems like a really awful attempt.

sounds like the dvd case is much worse, I would bet he would of got at most 18 mos for chipgate with cooperation. as it stands now I wouldn't be surprised if he gets chipgate time ran concurrent with dvd time which would be more therefore actually getting nothing for chipgate except maybe restitution.
also not sure how bad thieves and conmen get treated by other inmates but I doubt it's as bad as you think.

10 years in jail?? I seriously doubt it. Where did you get this info?

IMO, he is going to plea bargain down, by throwing a lot of others under the bus.

There is a much better chance of jail time for the pirated DVDs.

As for the $560 buyin why stop there. Main Event is 10k last time I checked.

yeah, I was just having a little fun butt do feel he deserves all he gets in Jail.

Blast from the past.
Last Activity: 01-23-2014 09:29 PM