DRich
DRich
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Joined: Jul 6, 2012
October 24th, 2012 at 5:02:14 PM permalink
WOW, Mike Colbert and seven other Pinnaclesports.com agents in Las Vegas busted. The other names haven't been released yet, more to come tomorrow.

http://www.lvrj.com/business/sports-book-director-for-cantor-gaming-arrested-175670521.html
At my age, a "Life In Prison" sentence is not much of a deterrent.
Boz
Boz
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Joined: Sep 22, 2011
October 24th, 2012 at 5:09:22 PM permalink
This is a huge story in the coming days.
98Clubs
98Clubs
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Joined: Jun 3, 2010
October 24th, 2012 at 5:57:10 PM permalink
I'll stay tuned, I've always considered pinnaclesports to be on the up-and-up. They were quick and courteous with my flea account upon USA closure. I'd like to hear from the Wiz on this when he has time/facts.
Some people need to reimagine their thinking.
98Clubs
98Clubs
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Joined: Jun 3, 2010
October 25th, 2012 at 4:37:10 PM permalink
And this just in... The One Group/Cantor sign a new deal today.

Further information on the original article is updated here, including others arrested cash and chips confiscated, and general structure of the scheme.

And this story relates to Cantor-Fitzgerald, an affiliate of Cantor Gaming. A reminder that Cantor-Fitzgerald was located on the uppermost floors of the World Trade Center as a bond brokerage/clearinghouse operation. Many employees lost their lives on 9-11. IIRC C-F was located on the 93rd and 94th Floors in the North Tower.
Some people need to reimagine their thinking.
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