USA Online Poker Saga “Alligator Blood” Published

Published Saturday, May 03, 2014 - Online-Casinos.com
USA Online Poker Saga “Alligator Blood” Published

The story of the informant who with the help of the FBI brought the online poker industry in America to a dead halt has been published and reads like a screenplay for a Hollywood film. The book called “Alligator Blood” is about the young 25 year old Australian entrepreneur Daniel Tzvetkoff who had made $80 million dollars processing transactions for online gambling contrary to the laws of the USA.

James Leighton’s novel explains how a “programming geek” was able to live an extravagant life which included cocaine, hookers, private jets, yachts, Lamborghinis, Bentleys and Ferraris, and mansions worth millions. Tzvetkoff  was born in Ipswich, Australia, where he soon turned his passion for computers into a lucrative career. By the age 13, Tzvetkoff was running his own web design business.
The efforts paid off handsomely when his software for processing online payments securely, led him to create a payment processing business called Intabill which began serving pharmaceutical companies, as well as the travel, and music industries.

In 2004 Tzvetkoff teamed up with lawyer Sam Sciacca, to run Intabill. Sciacca would handle the business side while Tzvetkoff focused on the software and product development. In 2006, the year the new Unlawful Internet Gambling Enforcement Act came in, Tzvetkoff’s company drew the attention of people working in online poker.  This side of money processing brought the young genius millions of dollars which he spent quickly. Then came the mistake that would bring the young man to his knees when in 2008, he partnered with Curtis Pope from Texas, whose company processed payday loans. All gambling profits were then directed to Pope’s companies. When PokerStars noticed something was not right they asked Tzvetkoff for their money. Pope who held the funds, cut Tzvektoff and Sciacca out of their own business sending the whole situation into a downward spiral.

Now Tzvetkoff  was running from the poker firms and other interests including the FBI who charged him with money laundering. The lengthy jail term he faced caused him to turn informant bringing down the American online poker industry on April 11, 2011.  Since then he has been in a witness protection program safe from harm.

 

 

 

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