Daniel Tzvetkoff May Be Key Witness at Black Friday Trial
The case against the ten executives in the Black Friday trial may rest on a single key witness. Rumor has it that Australian Internet entrepreneur Daniel Tzvetkoff will testify against the executives of Poker Stars, Full Tilt and Absolute Poker.
Background on Tzvetkoff
Ironically, Tzvetkoff will be testifying against some of the same men who allegedly turned him in to the FBI when he was arrested in 2010 for money laundering. Tzvetkoff allegedly stole over $100 million from Full Tilt and Pokerstars. Full Tilt allegedly tipped off the FBI last year that Tzvetkoff was planning on coming to Las Vegas, and is now facing 75 years in federal prison.
After his arrest, Tzvetkoff turned over vital evidence against the three companies involved in the Black Friday indictments. According to a report by Sky News, he was released from prison in August 2010 and the Justice Department refuses to comment on where he is. Tzvetkoff may be in a witness protection program.
In addition to allegedly stealing from Full Tilt and Pokerstars, Tzvetkoff is believed to have laundered over $500 million through online gambling sites. He was investigated back in 2009 for complaints surrounding online gambling payment processing services he had access to.
What Effect Will Tzvetkoff Have in the Case?
Tzvetkoff has been called many things since his arrest. None of them have been very flattering. “Arrogant prick” and “most hated man in online poker” are a few of the many names Tzvetkoff has earned. His testimony is likely to cause a lot of controversy.
What effect is Tzvetkoff’s testimony going to have on the trial? The testimony of an alleged money launderer is likely to raise many questions with jurors. Tzvetkoff may also be trying to get back at these companies for attempting to sue him in the past. It’s too early to know what Tzvetkoff will say in court and whether or not it can be corroborated.
The community is going to want to hear what evidence tzvetkoff has against the Pokerstars, Full Tilt and Absolute Poker. Will it have a serious impact on the case?
What effect do you think Tzvetkoff’s testimony is going to have in the Black Friday Trial? Share your thoughts in the forums.