Professional poker player Cory Zeidman has been arrested and indicted on federal charges of conspiracy to commit wire fraud and mail fraud as well as conspiracy to commit money laundering.
A federal indictment from the United States District Court for the Eastern District of New York was released Wednesday, per David Purdum of ESPN. It alleges that Zeidman and unnamed co-conspirators took in more than $25 million over a period of 16 years from people who believed that the poker player led an organization that had privileged inside information on "fixed games" for sports betting purposes.