{"id":23428,"date":"2013-11-13T10:08:39","date_gmt":"2013-11-13T10:08:39","guid":{"rendered":"http:\/\/gaming-awards.com\/NEWS\/?p=23428"},"modified":"2013-11-13T10:08:39","modified_gmt":"2013-11-13T10:08:39","slug":"ny-gambling-ring-organiser-makes-plea-bargain","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/ny-gambling-ring-organiser-makes-plea-bargain\/","title":{"rendered":"NY gambling ring organiser makes plea bargain"},"content":{"rendered":"

 <\/p>\n

\"Hillel<\/a>

Hillel Nahmad (left) makes deal to reduce charges<\/p><\/div>\n

Hillel Nahmad the art dealer involved in the New York illegal gambling and poker ring has done a plea bargain to reduce charges from racketeering, racketeering conspiracy, gambling, money laundering, conspiracy & other crimes to just one charge of illegal gambling.<\/span><\/p>\n

If he had been found guilty of all charges he could have been jailed for up to 92 years, as part of the plea bargain Nahmad forfeits $6.4 million in cash and a painting valued at over $300,000, prosecutors say the proceeds were from illegal activities linked to the gambling ring.<\/span><\/p>\n

It is believed that in the agreement he has helped with naming other persons involved in the gambling ring and how the organisation was set up.<\/span><\/p>\n

Nahmad will now face 12 to 18 months in prison but his lawyers will ask the judge to impose a sentence that includes no jail time & the dismissal of the other charges in the indictment.<\/span><\/p>\n

The plea agreement sees one of the most publicised gambling rings with many well-known A-Celebrities involved in poker games organised by Nahmad and others.<\/span><\/p>\n

Judge Jesse M. Furman who is sitting on the case will decide in March 2014 the sentence for Nahmad.<\/span><\/p>\n

Prosecutors told reporters that Nahmad was the 14th of the 34 defendants charged in the case to plead guilty. The others who pleaded guilty agreed to forfeit a total of $9 million.<\/span><\/p>\n

According to the art dealer he started out organising poker and sports betting with close friends and it all just got out of hand.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

  Hillel Nahmad the art dealer involved in the New York illegal gambling and poker ring has done a plea bargain to reduce charges from racketeering, racketeering conspiracy, gambling, money laundering, conspiracy & other crimes to just one charge of illegal gambling. 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