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Two More Defendants Will Plead Guilty In Massive Betting Scheme

Two more defendants in the massive Manhattan online gambling ring will plead guilty to running an illegal online gambling business in US Federal Court.

Edwin Ting and Justin Smith will plead guilty to their crimes, in which the US government has accused the duo of helping run a high stakes celebrity poker ring. The ring reportedly had ties to a Russian organized crime group and saw more than $100 million in cash being laundered to hide the origins of the money.

Ting and Smith are professional poker players who have participated in a number of high stakes events. Smith has pulled in more than $2.3 million in overall poker winnings throughout his career.

In the indictment filed by the government in April, 34 different people were arrested and charged with a variety of crimes related to the case. The government claims:

"The organization ran a high-stakes illegal gambling business that catered primarily to multi-millionaire and billionaire clients. The organization utilized several online gambling websites that operated illegally in the U.S. Debts owed to the Nahmad-Trincher Organization sometimes reached hundreds of thousands of dollars and even millions. One client… surrendered his plumbing company to the organization as payment of the debt."

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