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24 September, 2020 | PokerLegal & Regulatory

PokerStars founder Isai Scheinberg avoids prison sentence but to pay $30k fine

PokerStars founder Isai Scheinberg has been sentenced to "time served" and a $30,000 fine, and will avoid a prison sentence, following his initial indictment on Black Friday in 2011. Scheinberg faced multiple charges, including conspiracy to defraud the US, bank and wire fraud, and money laundering. Having avoided arrest until 2019, he was detained in Switzerland and surrendered to US federal agents in January 2020. In March, he pleaded guilty...
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