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Gambler Plays Poker to Avoid Prison

Posted by samzenpus on from the you-got-to-know-when-to-hold-em dept.

Prosecutors have worked out an unusual deal with a Albuquerque stockbroker who admitted to stealing from clients to support a gambling habit. Samuel McMaster, Jr. will have his sentencing delayed six months so he can enter poker tournaments and try to win the money back. From the article: "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."

3 comments

  1. Crime still there by Anomalyx · · Score: 1

    Regardless of whether he can pay the money back or not, he still stole from clients. Even if he gives them twice what he stole, he's still guilty of a crime. I don't even need to say a word about the delayed sentencing. It's just bizarre.

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    No, there is no "-1 I'LL NEVER ADMIT BEING WRONG!!!" mod.
    1. Re:Crime still there by cfulton · · Score: 1

      But, man maybe with just one more roll or the dice he can pay off all those innocent victims, rite the widows and orphans fund a nice check, put a little back for retirement and save the world. Or, more likely just lose even more of somebody else's money. Just one more roll. Come on baby just one more roll.

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      No sigs in BETA. Beta SUCKS.
  2. Stockbroker? by flaming+error · · Score: 1

    > stockbroker who admitted to stealing from
    > clients to support a gambling habit

    Doesn't every stockbroker gamble with their clients' money?

    I love the idea of making them return it all. Beats taxing the rest of us to house them in Club Fed.