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7

Borgata chip fraudster Lusardi released from jail after only 7 months

Tags: Christian Lusardi, counterfeit chips
Posted on Tuesday, February 07, 2017 by "T".
Christian Lusardi, known as the infamous Borgata chip counterfeiter, only spent a short 7 months in jail for his crimes committed against the poker community. Lusardi's misdeed hit the headlines in the world of poker back in 2014, when he attempted to bluff his way through the Borgata's Winter Poker Open by putting in $2.7 million worth of counterfeit chips into the tournament. By the time t[...]   Read more » Borgata chip fraudster Lusardi released from jail after only 7 months

  7-Feb-17, 13:18   #1
Borgata chip fraudster Lusardi released from jail after only 7 months 0 
pochui 

Joined: May '08
Location: Lithuania
Age: 32 (M)
Posts: 9529
well this was a fun story actually, not the case for the small amount (27 to be precise) of players who were left fighting for some big money, but all the remaining dudes ( over 4.5K!) were quite satisfied with the outcome i guess- they got their buy-ins back plus $60 for cheap hookers.

     
  7-Feb-17, 14:31   #2
  0 
IndianAce1 
Joined: Feb '10
Location: India
Age: 26 (M)
Posts: 31
Why did he dispose of the chips by flushing them down the toilet? They don't dissolve, obviously the pipes will clog. Is it safe to say that if he would have put them in his suit case and thrown them in a dumpster that he would not have been caught? Surely this guy will be on Americas Dumbest Criminals.

     
  7-Feb-17, 20:45   #3
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 40 (F)
Posts: 11184
An unfortunate end for the event, but at list all the remaining players made a profit,
which was a good one for the 500 buy in.
It didnt match the money of the first place of course, but better than nothing,
with that 20k Smile

     
  8-Feb-17, 00:49   #4
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 45 (M)
Posts: 3718
A perfect gift for the underdogs of the tournament)) money back and still gave $ 60 for vodka))) and of course the story is very interesting and funny because of sewage and honest plumbers)) laughed

     
  8-Feb-17, 03:18   #5
  -1 
Robbo1990 

Joined: Dec '12
Location: New Zealand
Age: 27 (M)
Posts: 464
hard to justify him staying in jail when everyone walked away a winner and hes gotta pay off his million $ fine - cant do that behind bars

     
  8-Feb-17, 09:59   #6
  0 
doubletop777 
Joined: Mar '11
Location: United Kingdom
Age: 48 (M)
Posts: 6246
This really is a crazy story and it is like something out of a bad Hollywood movie. I do feel sorry for the 27 players still left in the tournament but at least they received a share of the prize pool

     
  8-Feb-17, 13:53   #7
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 33 (M)
Posts: 5205
I am not sure he really comitted crime against the poker community to be quite honest. I for one felt nothing in person when I found out he cheated. I bet others felt nothing as well except those players who played with him on that tournament.

     
  8-Feb-17, 16:55   #8
  0 
Gerimantas 
Joined: Jan '17
Location: Lithuania
Age: 59 (M)
Posts: 663
It is interesting strategy that he created, i never heard of someone using fake chips in the tournaments i only heard about using fake casino chips at the roulette, blackjack and other games where you play agaisnt the dealer. This strategy he used was not smart and that is why he was caught.

     
  8-Feb-17, 21:04   #9
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 40 (F)
Posts: 11184
The thing you have to wonder is, that he thought it would go unnoticed.
In a tournament there is a standard amount of chips, so if you are careful during the end of it,
you can spot it Smile
Probably he wanted to gain some advantage at some point and then to dump the fake as he did,
but it didnt work out Smile

     
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