The Incredible Rise Of PokerStars Cofounder Isai Scheinberg—And His Surrender To Federal Agents

ast Friday, Isai Scheinberg, the 73-year-old cofounder of PokerStars, the world’s biggest online poker company, boarded a plane in Switzerland for the 9-hour flight to New York City.

Federal prosecutors in Manhattan had charged Scheinberg as part of a crackdown that shut down the U.S. facing web site of PokerStars and its main rival, Full Tilt Poker. Ten other men were also charged, all of whom have pleaded guilty in the years since to charges ranging from slap-on-the-wrist misdemeanors to felonies.

deposits. Bharara described Full Tilt as a “Ponzi scheme” and, in a bizarre twist, worked with Scheinberg to come up with a solution. The result was a $731 million deal that saw PokerStars acquire Full Tilt and settle a civil forfeiture proceedingwhile PokerStars covered the tab for Full Tilt non-U.S.federal prosecutors never gave up on going after Scheinberg. His son, Mark Scheinberg, went on to sell PokerStars for $4.

sporting event. “This is beyond fairytale,” ESPN commentator Norman Chad bellowed. “It’s inconceivable!” bolted the Soviet Union by going to Israel. There, he fought in the 1973 Yom Kippur War and worked at IBM, eventually moving to its offices in Toronto. A gifted computer programmer, Scheinberg played a key role in the development and adoption of the now universal Unicode computing standard that allows computers everywhere to process the world’s different languages.

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Last Friday, Isai Scheinberg, the 73-year-old cofounder of PokerStars, the world’s biggest online poker company, boarded a plane in Switzerland for the 9-hour flight to New York City

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