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

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Read about the federal action that turned Isai Scheinberg, 73, into a folk hero among online poker enthusiasts

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 nine-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 website of PokerStars and its main rival, Full Tilt Poker. Ten other men were also charged, all of who 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 fairy tale,” 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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The Incredible Rise Of PokerStars Cofounder Isai Scheinberg—And His Surrender To Federal AgentsThe incredible rise of the world’s biggest online poker company, PokerStars cofounder Isai Scheinberg—and his surrender to federal agents 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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The Incredible Rise Of PokerStars Cofounder Isai Scheinberg—And His Surrender To Federal AgentsPokerStars cofounder Isai Scheinberg has pleaded not guilty to the charges filed against him and been released on $1 million bail All gambling should just not exist 🤦🏽‍♀️ The real fact behind the whole affair is no more than the US was sulking that all of the online poker sites were run overseas. The rest of the world is meant to suck it up that Google, Amazon etc have total domination but the US can't allow a little poker if the owners are non US
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The Incredible Rise Of PokerStars Cofounder Isai Scheinberg—And His Surrender To Federal AgentsThe incredible rise of the world’s biggest online poker company, PokerStars cofounder Isai Scheinberg—and his surrender to federal agents 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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The Incredible Rise Of PokerStars Cofounder Isai Scheinberg—And His Surrender To Federal AgentsPokerStars cofounder Isai Scheinberg has pleaded not guilty to the charges filed against him and been released on $1 million bail All gambling should just not exist 🤦🏽‍♀️ The real fact behind the whole affair is no more than the US was sulking that all of the online poker sites were run overseas. The rest of the world is meant to suck it up that Google, Amazon etc have total domination but the US can't allow a little poker if the owners are non US
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