Scam artist and poker loser
The Federal Trade Commission is investigating and alleged scam artist and proven bad poker player named Jeremy Johnson in Utah. Johnson is accused of running companies, including IWorks and Elite Debit, that scammed customers out of $275 million by offering them free trial memberships for fake services and then charge their credit and debit cards for membership fees. If you’re every tempted to sign up for one of these “trial memberships” keep in mind that once the company has your credit card info, it can be a lengthy and painful process to make them stop charging you. Well, the feds know that it can be tricky to keep them from spending the money even after charged. So a US Court Judge issued a temporary restraining order to freeze Johnson’s assets in hopes of making restitution to his victims.
But as the feds were going through Johnson’s accounts, they discovered that he’d gambled away large and small fortunes both in Las Vegas and on online poker rooms such as Full Tilt Poker and PokerStars. It seems that the con man can’t bluff the poker players considering he lost over a million and a half dollars on Full Tilt Poker alone, sometimes playing in poker tournaments with buy ins as high as $5,000. When Johnson ran out of his own money to gamble on, he used the money from his companies. Which, well, might have been illegal, except the companies are probably already illegal.
But poor (well, at least of the feds keep his money) Johnson wants us to believe that he may be a reformed man. That losing at all that money at poker cured his gambling addiction. But that hasn’t helped his case with the feds, who are still investigating his business practices.