Joined: Apr '11
Age: 52 (M)
Howard Lederer has successfully retained the bulk of his life bankroll after coming to a settlement with the US Attorney's Office, Southern District of New York (SDNY). According to the settlement, Lederer is now only required to forfeit (amongst other things) his 1965 Shelby Cobra, no less than $440,000 from the sale of his Twin Palms Circle property and $1,250,000 as a civil money laundering charge. The penalties would certainly represent a significant blow to many; however, the result will no doubt please Lederer but infuriate much of the poker community.
Joined: Nov '12
Age: 50 (M)
Wow talk about only getting a slight tap on the wrist.
Let me see I can embessel over 100 million but will then ned to pay a 1.25 million dollar fine. Hmm... ok sign my up please. I would like to get this knid of payday 25 times next year. I would even be willing to pay 50% tax on the remaining money i get to keep.
Oh and please remember to keep those wrist tap just as light cause i do not want a bruise you know. What a joke ruling. Just goes to show in the USA the more money you got the less honest you need to be. I suspect it is really the same everywhere on our little planet though.