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Thursday, April 7, 2011

5 CARD DUD! POKER LOSS SENDS STOCKBROKER TO JAIL

POKER FACE
NOT THE HAND HE GOT
YOU win some, you lose some, but it's rare that losing a hand of poker will cost you your freedom - unless your Samuel McMaster Jr that is.
To be fair, it wasn't just the cards that landed him in trouble.
The investment scam artist  had conned people out of almost $450,000 using a variety of schemes and scams and had been slapped with 12-years behind bars for his crimes.
So he was about to be jailed anyway when he proposed a unique deal with New Mexico prosecutors to spare him prison time.

He asked if they could delay his sentencing so he could repay everyone he stole money from through an upcoming poker tournament’s winnings.

This was after the judge showed leniency on the former Albuquerque stockbroker because he had a gambling problem??
The cards didn't look favorably on McMaster and he failed to come up with any money to redeem himself.So it's off to the slammer with him. 
Due to McMaster’s unique deal, state officials say they will more carefully review future restitution's.

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