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The Magic Cafe Forum Index » » The Gambling Spot » » Former poker game hostess pleads guilty in NY (0 Likes) Printer Friendly Version

tommy
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NEW YORK (AP) - A former high-stakes poker game hostess pleaded guilty on Thursday to charges she helped run underground games for Wall Street financiers and celebrities in guest rooms at The Plaza hotel.

Molly Bloom was among more than 30 people charged earlier this year in a sprawling scheme by two related Russian-American organized crime enterprises, authorities said. In recent years the operations laundered at least $100 million in proceeds from an illegal sports betting operation that catered largely to superrich Russians, prosecutors said.

http://www.abc3340.com/story/24207361/fo......ty-in-ny
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.

Tommy
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$100M...
tommy
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Yes the prosecution often exaggerate the amounts involved in betting cases.
Betting money goes back a forth and they just total it all up. You might start with say £100 and bet all day in small amounts winning and loosing as you go and in that process the turn over might amount to £1000s. At the end of the day you might have lost £5, never betting much at all. The prosecution then looks at all of this back and forth action and it all adds up to 1000s. So its hard to know what they really mean in these cases when they mention amounts.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.

Tommy
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Bet there was more than Poke-her happening in the room Smile
Long Island,

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