He wasn't processing money JUST for stars, tilt and others, but processing money for all sorts of businesses some of which i imagine include porn, online retailers etc. Online gambling prob constituted under 50% of revenue.

the guy who caused black friday

Everybody hating on Daniel needs to relax.. He ran a processing service that helped these companies to illegally obtain your funds. If you want to point fingers, you should solely point them at FullTilt Poker as they were 100% responsible for using this illegal setup. Daniel simply offered the service.

It's like blaming Pablo Escobar that your local dealer was put to jail and he owes you $2000 for coke you didnt receive yet.

[ ] read the article

also full tilt poker is still to blame of cause.

Incredible story, especially for someone so young. If I were writing/directing a 'The Social Network' style film of the entire FTP/Black Friday debacle, then Daniel Tzvetkoff would be my central character for the movie..

On a scale of 1-10, with 10 being most severe ldo, how much damage did Tzvetkoff do to the poker community?

8.5 or 9 maybe??? too harsh?

Nice to know a guy that has ruined a ton of lives via his actions gets a new name and I'm sure has access to his hidden $.

I did read the full article. Of course Tzvetkoff has committed serious offences including moneylaundering, fraud, embezzlement etc. But from a Players perspective (Which I was reffering to with the hate ITT) he is not to be blame, that would be FullTilt Poker along with any other Pokersite that processed payments through him. They were fully aware of the process being illegal, I am quite surprised that it was possible for them to run this scheme for so long.

AFAIK it has been illegal for poker companies to process payments in the US for years, so for players just to accuse Tzvetkoff of being the reason why they lost their money is wrong. Surely he was the one setting up all the illegal gateways, but the poker companies were the ones that used them.

I doubt very much that he has (or at least will be able to keep secrecy of) millions in some offshore bank, just because your money is in a Swiss bank doesn't mean foreign governments can't find out, there is always a papertrail. Unless he travelled around making cash withdrawals and manually deposited millions around the world. But even this isn't possible in todays banking world.

He should have certainly been very high ranking on Bluff's annual '20 most powerful people in poker' list for the last 3-4 years, that's for sure.

He likes to post on RipOffReports too. Always a classy way for executives to manage disagreements.

http://www.ripoffreport.com/credit-c...cott-c9d85.htm

The price of freedom is that this guy gets to walk free with a new identity and no further prosecution, that is a sick article and must read for all of us poker players.

Just disgusting like all of the bad things to come from Black Friday.

Wow, I could actually see this being a good movie.

Nice read.


Computes

One of the ironies to come out of this is that Tzvetkoff lived the life that most young aspiring poker players want to emulate - that Phil Ivey type of "Baller" lifestyle with private jets and nightclub ownership etc etc; and he did it with money stolen in part from these very poker "playas".

Obviously that is being overly categorical and stereotypical of the poker community, but trawl through these forums, for example, and there is a fair rump of these types of people represented here.

reminds me of the wolf of wall street

[x] baller

It will make one hell of a book one day. Unless he ends up with the fishes.(gus,matasow). Or dead. Probably ends up dead if the isiberg sinks the Poker Stars boat.

[ ] BALLER
[X] BAILER

OMG this would be amazing! Brilliant minds. Ill call Speilberg.

Very interesting read... if you wanna film with a similar story then watch Middle Men

http://www.imdb.com/title/tt1251757/

yeah thats a pretty cool movie

Not me. The ingredients a Hollywood studio looks for before they sink millions into a project are: (1.) Action that's not too hard to follow. (Not sure how online poker fits in here. How boring can it be for the casual non-poker-playing moviegoer to understand all this in the first place? "Too boring" is what a Hollywood studio exec is likely to say.), (2.) Boatloads of money. This saga does have lots of money, so it does have that going for it, (3.) Sexual tension (or a good love story) involving a guy and a gal - think Jack and Rose in "Titanic", and (4.) A murder - or lots of violence - preferably based on real-life events. (Think the movie "Blow" with Johnny Depp.)

If a well known author has written a bestselling book with all of these ingredients - think Nicholas Pileggi and his books "Wise Guy" and "Casino" which both became blockbusters - that increases the chances that a studio will greenlight a project. So far, no book (that I know of) has been writen about this imbroglio - it's still a work in progress.

This saga doesn't have the fourth (essential) ingredient - somebody getting clipped. If one (or more) of the big players in this suddenly turns up dead, or mysteriously disappears, then you suddenly have the kind of story that gets Hollywood's attention. Sometimes though, even all this is not enough. I read Doyle Brunson's autobiography "The Godfather of Poker" and thought: "This book would make a great movie!" So far, I seem to be the only one who thinks that way, so go figure ...

Former DJ

good read; although 2p2 still thinks the worst criminals post BF are all of FTP

Hope someone kills this pos and make it painful. Scum like him should be 6 feet under.