Poker Coverage: Poker Tournaments Casino News Sports Betting Poker Strategy

Snitch Behind Online Poker's Black Friday Gets No Additional Prison Time

Daniel Tzvetkoff Will Have To Forfeit $13 Million


On Wednesday, Daniel Tzvetkoff, the man who helped the feds go after the offshore poker sites in April 2011, received time served for his high-stakes role in the scandal.

Tzvetkoff pleaded guilty in 2010 to one conspiracy count and one count of operating an illegal gambling business. His cooperating helped the government kick Full Tilt Poker and PokerStars out of U.S. cyberspace.

He spent four months in a New York prison after he was arrested. His lawyer called it a “harsh and significant punishment.”

Tzvetkoff became rich via his financial processing company Intabill, which did business with illegal offshore poker sites catering to Americans. Online gambling sites accused him of stealing around $100 million from them. Tzvetkoff had to forfeit $13 million as part of his sentence.

According to Retuers, Tzvetkoff is living in Australia and is now working as the chief technical officer for a “respectable organization,” a court document said.

“Daniel is a capable, highly skilled and intelligent young man, and he looks forward to a productive, happy and quiet life with his family,” his lawyer told Reuters.

Tags: Online Poker