Poker Hall of Fame members, John Juanda and Erik Seidel lost $800,000 in a Super Bowl scam and now trying to get their money back from Seyed Reza Ali Fazeli.
Fazeli got money from investors to buy tickets to the 2017 NFL Super Bowl to then sell them through his website, onlinetickets.com at a great profit and distribute the money to the pro players. Seidel and fellow poker-pro
Zackary Clark invested $500,000 each, while Juanda is looking to get $300,000 back. However, Fazeli never intended to buy the tickets.
According to the documents from the federal court, Fazeli used the money he collected from the poker legends, to pay out other debts and to play high stakes poker tournaments himself in the Aria Casino. In fact, he his total live tournament earnings amount of $2.2 million – $1.8 million of which coming from 2015, when he cashed in 10 high stakes tournaments.
This is not the first time, Fazeli has been accused of scamming people. The judge ruled against the shady bookmaker back in 2016 concerning tickets for the 2006 Fifa World Cup.
According to the documents from the federal court, Fazeli used the money he collected from the poker legends, to pay out other debts and to play high stakes poker tournaments in the Aria Casino himself.
As it turns out Fazeli is currently being sued by the aforementioned casino as well, over unpaid casino markers totaling $2.1 million. In addition to this, the Bellagio claims, the shady gambler owes them an additional $500,000 for markers from January 2017.
Even though he faces up to 40-years in prison if convicted, he pleaded not guilty.