Alleged Conman Redistributes Wealth
An alleged conman,who managed to swindle an astonishing $275 million from unsuspecting
Jeremy Johnson
internet users has redistributed his ill gotten gains in an unusual way. Jeremy Johnson, a Utah resident was actually ordered by the Federal Trade Commission to preserve his assets pending the investigation into his activities.
Perhaps he thought he’d try and use his cash to make some more money before it was all seized but reportedly he spent large sums of it on various poker websites. Full Tilt Poker was one such site on which Johnson lost more than $1.5 million. It seems that Johnson’s personal assets were frozen but not those which had passed through a number of his own companies, enabling him to use those proceeds to play poker with.
Said Johnson:
“I gambled with money that I earned from my companies and since I no longer have any of that, it’s been a really good cure for me, my addiction,”
Poker & The NFL (And Why Players Can’t Play For Charity)
The National Football league has a strange and somewhat contradictory attitude to gambling. This was dragged into the spotlight once again recently when a charity tournament was held at the Golden Nugget Casino in Las Vegas to raise money for African children and the Starkey Hearing Foundation.
350 players participated in the $2000 buy-in event including Johnny Chan, Annie Duke and Phil Hellmuth and actors Steve Martin and Don Cheadle but the starting list did not include around 30 NFL players who turned up to do their bit but were ordered by the NFL at the last minute not to participate. In a charity tournament. Repeat: a charity tournament. Instead the players had to sit on the sidelines and spectate.
The NFL have always been against online poker but argued fiercely for their own concession (fantasy football allowed to continue), then they ran a mile, saying they wanted nothing more to do with it. Apparently it’s OK to gamble one way but not another.
