Professional poker player Erick Lindgren has filed bankruptcy for the second time in three years, the end result of a large fall from grace for a poker player that has won millions in tournaments over the years.
Lindgren filed for Chapter 11 bankruptcy in US Bankruptcy Court in Las Vegas, listing less than $50,000 in assets and more than $8 million in debt. The bankruptcy filing revealed that Lindgren was being sued by PokerStars for $2 million after Full Tilt Poker erroneously put money into his account, and he is also being pursued by the firm for failing to repay a $531,807 loan.
The bankruptcy is not the first for Lindgren, who also filed for bankruptcy back in 2012, wherein the case was closed without resolving the poker pro's debts. During that case Lindren owed the IRS $3.8 million in back taxes. he had won more than $3.7 million in various poker tournaments held by the World Series of Poker, and he recently won $193,675 during a tournament on June 5th.
The case is still open, and Casino Listings will update this story as more developments arise.