Douglas Rennick said in federal court yesterday, “I had business that transferred money from offshore gaming sites to American players within the Southern District of New York,” as he pleaded guilty towards a single count of dealing offshore bets.Rennick is a Canadian who is alleged to be behind quite a few online poker payment processing companies. He will be sentenced on Septem[...] Read more » Poker Processor Pleads Guilty in New York
Joined: Apr '09
Location: Australia
Age: 39 (M)
Posts: 6483
that story is like the maddof thing but less big and in poker domain there is always a human tha gonna try to steal money for imself.....
He was acting as an intermediate between US players and the Online Poker Rooms. He was part of the reason US players have been able to play online poker. Did you actually read the article?
Joined: Jun '09
Location: France
Age: 43 (M)
Posts: 670
Hello everybody! When there is too much money there are always thieves is mandatory. I hope that because of them things do not go further complicated for poker players. See you soon for new posts lol!
Joined: Apr '08
Location: Argentina
Age: 44 (M)
Posts: 748
what does the madoff case have to do with this, leroi? This guy was acting as middle man becuase the US doesn't let people play. Granted, he was very shady about it, but it doesn't seem at all that his clients got hurt by him in any way
Joined: Aug '09
Location: United States
Age: 38 (M)
Posts: 97
It's a shame, I have just started to play poker online intensely, and all I see is states cracking down on interstate and international trade, thanks to the UIGEA b******t bill. Whatever, I love poker and I'll find a way to play for real money outside of casinos, no matter what the consequences! I see myself moving to Canada one day anyway so maybe I won't have to worry about it here in the U.S.A. . . .
Joined: Apr '09
Location: Australia
Age: 39 (M)
Posts: 6483
reading *some* of the replies to this article, really makes me worry about peoples levels of comprehension of a news article. How much do they actually read/understand? How much to they just invent based on their pre-conceived notions of what it is probably about..??
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
its kinda badnews for american poker players who were getting their funds transferred cos of him. but his bank frauds and other crimes exoosed him. 55 years,lol do they even give these kind of punishments these days