NEWSBRIEF
BY MARKANDERSON
Online Payment Processor Daniel Tzvetkoff Busted For Money Laundering
April 19, 2022
This past weekend, the poker world made mainstream headlines once again- and not in a good way- when Daniel Tzvetkoff the 27-year old founder of Intabill, a major online poker payment processor which in the past has handled accounts for such sites as PokerStars, UB and Full Tilt Poker, was arrested in Las Vegas for suspicion of bank fraud, money laundering and conspiracy to assist “illegal online gambling companies.”

Tzvetkoff, who at his peak was worth over $80 million according to a recent article in news.com.au, now faces the possibility of up to 75 years in prison, for allegedly helping internet gambling companies process over $500,000,000 in funds, using a variety of techniques meant to convince US banks that the payments were unrelated to online gambling- a shell game made necessary due to the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA).

Australia’s Daniel Tzvetkoff, is expected to apply for bail this Wednesday.
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