This is more than just Rumorati … it\’s based on actual purported facts and second-hand semi-verified info:
Word is that the IRS has been in direct contact with at least two important and well-informed online pokerers who may or may not have important data on Russ Hamilton and the money stolen via Ultimate Bet. And this is not just some computer in Washington DC sending out form letters — there\’s apparently a special agent in Nevada currently investigating the case.
What they\’re interested in is 20 million untaxed dollars. And as is starting to get revealed since RawVegas went commando with their cameras, there is clearly more to this case than just an online poker cheating scandal and subsequent tax evasion … there could be some money laundering involved … which is kinda funny (not funny ha ha) because money laundering was one of the primary reasons given for the UIGEA … and now we have an example of how the law to prevent it may indeed have facilitated it.
I don\’t know enough about how IRS investigations work to know what kind of teeth this thing really has — but I\’d like to think that so long as the Feds keep an eye out for one-way tickets to Costa Rica by any R. Hamilton\’s … in the end, one way or another, his fate is not going to be left in the hands of the Kahnawake.
