What would make a successful poker pro danger every thing by getting involved with a massive, multimillion dollar bank fraud and Ponzi scheme plot? That is the question many are now asking regarding Australian poker pro Bill Jordanou, who is under research by Victoria police for his so-called role in a bank fraud that continued for years, based on reports.

While information on the reported Ponzi scheme are sparse, the $70 million bank fraud procedure was reportedly carried away with Jordanou’s business partner, Robert Zaia, 45. The two presumably ensnared Zaia’s wealthy clients, via his accountancy company Zaia Arthur & Associates, into an undetailed Ponzi scheme, while simultaneously forging bank papers to secure loans, oftentimes in Zaia’s clients’ names, which they then comingled with home and development loans additionally they received from the bank, for jobs that either never ever existed or were never started.

Bank Holds Victims Hostage

But the caper gets even crazier from here. The bank used for all these transactions was Australia’s biggest: Commonwealth Bank. That bank is currently keeping Zaia’s allegedly scammed clients hostage on the loans guaranteed inside their names, without their permission. Certainly one of these clients that are former R Read more →