Daniel Tzvetkoff, the young Australian who was arrested and charged by US authorities for alleged money laundering from online gambling payments, has apparently ‘cracked’ to the police about a $50 million hoard that he has stacked in Las Vegas.
Tzvetkoff was arrested in April while attending a conference in Vegas. He was granted bail by the court, but this was revoked when it was argued that he could try to skip the country ahead of his trial. After spending some time in prison, Tzvetkoff was mysteriously granted bail in September – despite the fact that his original bail application had been turned down.
It has now come to light that Tzvetkoff has revealed the location of the $50 million he has hidden in a Las Vegas payday lender account.
The lender company in question has been named as Hugo Services.
In the meantime, it has been reported that leading online poker sites such as Full Tilt Poker and others of its caliber have claimed that Tzvetkoff owes them money and are demanding $60 million in money due that was transferred to the Australian’s account and was meant to be paid out to US online poker players.
The US authorities are said to be desperate to get their hands on the hidden cash before Full Tilt Poker sues Tzvetkoff for the money due. His former partner, Sam Sciacca, however, has already sued him for over $100 million.
The authorities also believe that Tzvetkoff still has other accounts that he has not revealed, although they have no proof.
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