The poker world is stunned by news of a so-called $70-million bank fraud scandal and Ponzi that is possible scheme well involving pro Bill Jordanou.
Just What would make a successful poker pro risk every thing by getting tangled up in a massive, multimillion dollar bank fraud and Ponzi scheme plot? That’s the question many are now asking regarding Australian poker pro Bill Jordanou, whom is under research by Victoria authorities for his alleged role in a bank fraud that continued for years, in accordance with reports.
While details on the reported Ponzi scheme are sparse, the $70 million bank fraud operation was reportedly carried out with Jordanou’s business partner, Robert Zaia, 45. The 2 presumably ensnared Zaia’s wealthy clients, via their accountancy firm Zaia Arthur & Associates, into an undetailed Ponzi scheme, while simultaneously forging bank papers to secure loans, oftentimes in Zaia’s customers’ names, which they then comingled with home and development loans in addition they received from the bank, for projects that either never ever existed or had been never started.
Bank Holds Victims Hostage
But the caper gets even crazier from right here. The bank used for all these transactions was Australia’s largest: Commonwealth Bank. That bank is currently holding Zaia’s allegedly clients that are scammed over the loans secured inside their names, without their authorization. One of these former con Poker Pro Bill Jordanou Stuns Australia with Alleged Bank Fraud 더보기