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Poker news tagged with 'debt'

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News tagged with debt:
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aug
23

EPL behavior committee to monitor David "Chino" Rheem

Tags: chino, david rheem, debt, epic poker league, epl, press release
Posted on 23 August 2011 by "T".

The American poker pro David "Chino" Rheem became a part of history when he won the first ever Epic Poker League Main Event last week and took home $1 million, thus taking his career earning to impressive $5,37 million. But the notable win quickly fell into the shade of the "news" that Rheem owes a lot of money to different poker players. Yesterday, the Epic Poker League crew sent out a press release where they write that Rheem has violated their rules of behavior - even though his gambling debts arose before the league started.

In the press release one can also read that EPL has formed a behavior committee that will monitor Rheem and make sure that he pays off his debts with tournament and cash game winnings - regardless from which part of the world the winnings come from. The monitoring will stop as soon as Rheem has paid back all the money.

 

oct
13

Poker Pro could face death penalty

Tags: debt, Ernie Scherer III, murder, poker pro
Posted on 13 October 2010 by "T".

Ernie Scherer III is the name of a poker player who did very well in different live tournaments between 2003-2006. In total he has won around $340,000 in different live tournaments. Unfortunately Scherer always found it very hard to hold on to his money, and the expenses always been greater than his incomes. Scherer was so buried in debts last year that he decided to take very, very drastic measures.

He drove from Las Vegas to his parents home in Pleasanton, California and stabbed them multiple times in the neck, then drove back to his home in Las Vegas, where his wife and baby son were waiting for him. Ernie Scherer III was less than a year away from inheriting upward of $1 million.

Read more » Poker Pro could face death penalty


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