The poker superstar from South Florida who has over $6.9 million in career winnings is facing foreclosure as he owes almost $340,000 in federal taxes.Record shows that 29-year old Mizrachi, who had a record-breaking stint during the 2005 World Poker Series, is hit by the IRS for $339,711 lien. According to court records, his Hollywood condo that he owns with his brother, Robert Mizrachi, has[...] Read more » Mizrachi, the poker champ owes $340,000 in taxes and is in foreclosure
Joined: Jun '09
Location: France
Age: 43 (M)
Posts: 670
Hello everybody! I hope for him that he wasted his money too quickly. For when we begin to live up one million is nothing lol. See you soon for new posts lol!
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
makes me wonder if US tax department is going to go after lots of poker players, as part of a joint effort with the gov's apparent attack on online poker..
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
hard to keep playing high stakes if u pay so much taxes.. 3.7mil out of 6.7 mil is really too much. though mismanagement lead to him getting busto. hope he goes thru this tough phase
