PDA

View Full Version : Man playing poker to avoid prison



xSnoofovich
12-08-2010, 11:38
http://abclocal.go.com/wabc/story?section=news/national_world&id=7601587

An Albuquerque stockbroker who confessed to stealing from clients to support a gambling habit is being dealt an unusual hand.


Prosecutors are letting him play poker for his freedom.

In exchange for the plea, authorities are letting Samuel McMaster, Jr. stay out of prison if he can earn enough money playing in poker tournaments to repay his victims.

He allegedly owes more than $400,000.

Prosecutors say the deal is not a get out of jail free card.

McMaster's sentencing will be delayed for six months while he participates in tournaments.

He must make payments of $7,500 a month.

If he misses two payments he will face immediate sentencing of up to 12 years in prison.

Ian G
12-08-2010, 11:47
This is bizarre-a stockbroker who is addicted, not to gambling on the stock exchange, but to playing poker.
So- if makes money by speculating on the stock exchange (something he's probably good at) - that's not good enough. He has to repay his victims out of his poker winnings (and, like any gambling addict he's more likely to lose than win). Bizarre.

Baron
12-08-2010, 13:38
Hi stakes indeed - imagine that, knowing when you go 'all in' that you're betting not just your money, but 12 months in prison! Haha!