According to an article on Australia’s couriermail.com, the recent indictments and seizures impacting the world’s biggest poker sites is being attributed to Daniel Tzvetkoff. Business Insider, reported,
He made Full Tilt Poker and Poker Stars millions of dollars — and made as much as $150,000 a day for himself — but then got even more greedy and started taking their. They sued him, accusing Tzvetkoff of taking more than $100 million of their money.
Then in April of last year Daniel Tzvetkoff was arrested in Las Vegas and charged with money laundering, bank fraud and wire fraud. These charges brought his lucrative career as a payment processor for online poker operators to a screeching halt.
PokerNewsDaily.com reported, “it appears that PokerStars and Full Tilt could have tipped off the FBI as to Tzvetkoff’s whereabouts, leading to his arrest in the first place.” That turn of events is made even more interesting because Tzvetkoff was able to, “reverse-engineer transactions to determine its original source,” according to Business Insider.
