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"jungleman12" Gets $1 Million Bail Money Returned

Tags: bail money, Daniel Cates, Jungleman, Phil Ivey, Richard Yong
Posted on Monday, March 02, 2015 by "T".
In July 2014, high-stakes poker profiles Daniel "jungleman12" Cates and Phil Ivey paid $1 million each to bailout Richard Yong and his son Wai Yong, who both stood accused of accepting illegal bets on 2014 FIFA World Cup. Richard Yong was later freed from all charges, and now Cates has received his $1,000,000 bail money back + an extra $63. source: highstakesdb  

  2-Mar-15, 14:18   #1
"jungleman12" Gets $1 Million Bail Money Returned 0 
klash23 
Joined: Mar '12
Location: United Kingdom
Age: 37 (F)
Posts: 2243
What a terrible return on a million dollars after 8 months.No wonder governments always lose money if that is the best they can do.Good to see players stumping up that sort of money for their friends.

     
  2-Mar-15, 16:21   #2
  0 
damosk 
Joined: Feb '11
Location: United Kingdom
Age: 52 (M)
Posts: 4721
On the whole that's a pretty rubbish return on investment, though in the grander scheme of things, what price innocence and justice? Well done to the two of them for footing the bill. Glad they got their hunch right and the lucky baileys didn't break bail!

     
  3-Mar-15, 11:16   #3
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4445
Posted by damosk:
On the whole that's a pretty rubbish return on investment, though in the grander scheme of things, what price innocence and justice?

He should be happy to even get back - with interest or without interest - the initial bail money.

     
  19-Aug-15, 00:50   #4
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4445
If you make business with triad bosses you will be gloriusly rewarded through their friendship. And their friendship will never end unlike their life. Big Smile I mean making a nifty $63 was worth all this risk after all, am I right? And now we see in the other news articlke that he lost four million more in Manila - so the triad even made money on him. Plenty.

     
  19-Aug-15, 10:21   #5
  0 
StheP 

Joined: Oct '14
Location: Serbia
Age: 26 (M)
Posts: 3031
what an invesstment... you give 1m$ and earn 63$ O.o

     
  19-Aug-15, 11:15   #6
  0 
Willid88 
Joined: Feb '14
Location: Mauritius
Age: 26 (M)
Posts: 103
LOL Big Smile Big Smile Big Smile Big Smile Big Smile Big Smile

     
BankrollMob Forum » News » "jungleman12" Gets $1 Million Bail Money Returned

 
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