Poker Pro Bill Jordanou Stuns Australia with Alleged Bank Fraud

Poker Pro Bill Jordanou Stuns Australia with Alleged Bank Fraud

The poker world is stunned by news of a so-called $70-million bank fraud scandal and possible Ponzi scheme because well involving pro Bill Jordanou.

What would make a successful poker pro danger everything through getting associated with a massive, multimillion dollar bank fraud and Ponzi scheme plot? That is the question many are now asking regarding poker that is australian Bill Jordanou, whom is under research by Victoria authorities for his alleged role in a bank fraudulence that went on for years, based on reports.

While details on the reported Ponzi scheme are sparse, the $70 million bank fraud procedure was reportedly carried out with Jordanou’s business partner, Robert Zaia, 45. The two allegedly ensnared Zaia’s wealthy clients, via their accountancy firm Zaia Arthur & Associates, into an undetailed Ponzi scheme, while simultaneously forging bank documents to secure loans, often times in Zaia’s customers’ names, which they then comingled with property and development loans in addition they received from the bank, for jobs that either never existed or had been never ever started.

Bank Holds Victims Hostage

But the caper gets even crazier from right here. The bank useful for all these transactions was Australia’s largest: Commonwealth Bank. That bank has become keeping Zaia’s allegedly clients that are scammed over the loans secured inside their names, without their permission. One of these forme Continue Reading

Toronto Area Casino Opportunities Dwindling As More Doors Slam Shut

Toronto Area Casino Opportunities Dwindling As More Doors Slam Shut

Apparently, Toronto and environs are significantly less than worked up about getting a swank casino resort like this Oxford rendering depicts.

O Toronto, Canada! You do not appear to cotton an excessive amount of to the notion of a casino, would you?

Toronto and outlying areas have been earmarked and several designers have actually expressed fascination with the area for developing a resort casino, but it appears that planners are running out of locations that might be ready to accept a casino within their neighborhood. The latest area to block a casino is Vaughan, which has voted against the idea of developing a casino here.

Vaughan Just Says No, Narrowly

The town of Vaughan rejected the casino plan in a vote that is 5-4. Even though vote was very close, it echoed the outcomes in other towns and cities in the Greater Toronto Area (GTA), as two others have actually already rejected such an idea plus the two remaining locations appear not likely or at least uncertain allowing a casino within their city limits.

Vaughan joins Toronto and Markham City as having formally rejected casino deals. Toronto’s vote was the absolute most infamous of all, as inspite of the support of Mayor Rob Ford, the city council rejected a downtown casino by a vote that is 40-4. That ensured that the issue wouldn’t be coming up again within the near future. Markham’s vote was also one-sided, though by the less dramatic ma Continue Reading

Poker Professional Bill Jordanou Stuns Australia with Alleged Bank Fraud

Poker Professional Bill Jordanou Stuns Australia with Alleged Bank Fraud

The poker world is stunned by news of an alleged $70-million bank fraud scandal and Ponzi that is possible scheme well involving pro Bill Jordanou.

Exactly What would make a poker that is successful risk everything through getting tangled up in a massive, multimillion dollar bank fraud and Ponzi scheme plot? That’s the question numerous are now asking regarding Australian poker pro Bill Jordanou, whom is under investigation by Victoria police for his alleged role in a bank fraudulence that continued for years, in accordance with reports.

While details on the reported Ponzi scheme are sparse, the $70 million bank fraud procedure was reportedly carried out with Jordanou’s business partner, Robert Zaia, 45. The 2 presumably ensnared Zaia’s wealthy clients, via their accountancy company Zaia Arthur & Associates, into an undetailed Ponzi scheme, while simultaneously bank that is forging to secure loans, at times in Zaia’s consumers’ names, that they then comingled with home and development loans additionally they received from the bank, for jobs that either never ever existed or had been never ever started.

Bank Holds Victims Hostage

But the caper gets even crazier from here. The bank useful for all these transactions was Australia’s biggest: Commonwealth Bank. That bank has become holding Zaia’s allegedly clients that are scammed on the loans guaranteed inside their names, without their authorizati Continue Reading