Stand up for nonprofit news & help us reach our $100,000 goal! GIVE NOW

Poker players expect big payout from online Ponzi scheme

Kai Ryssdal Aug 1, 2012
HTML EMBED:
COPY

Poker players expect big payout from online Ponzi scheme

Kai Ryssdal Aug 1, 2012
HTML EMBED:
COPY

Some online poker players are expecting a big payout soon, thanks to a multi-million dollar settlement between the Justice Department and two online poker companies. The companies were accused of running a Ponzi scheme.

We called up professional poker player Faraz Jaka to learn more about the settlement. He’s going to get a big payout: “I’ve had a decent amount locked up in there. I don’t want to say the exact amount, but it’s a six-figure amount.”

And you may recognize Jaka’s nickname… take a listen.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.