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Title: Lederer settles Post by: 77dave on December 19, 2012, 02:49:22 PM report from pokernews
http://www.pokernews.com/news/2012/12/howard-lederer-settles-civil-case-with-sdny-14032.htm Title: Re: Lederer settles Post by: jgcblack on December 19, 2012, 05:45:50 PM report from pokernews http://www.pokernews.com/news/2012/12/howard-lederer-settles-civil-case-with-sdny-14032.htm Depending on the property values then it sounds like he's settling for somewhere south of 50% right? Title: Re: Lederer settles Post by: I KNOW IT on December 19, 2012, 05:53:26 PM report from pokernews http://www.pokernews.com/news/2012/12/howard-lederer-settles-civil-case-with-sdny-14032.htm Depending on the property values then it sounds like he's settling for somewhere south of 50% right? The properties were only around $400 -500k each , even though they were bought for around $1 mill each. Just type the property addresses into Google :) He has got off with a near miracle if they originally wanted $40+ millon , as this settlement appears to be absolutely nowhere near that Title: Re: Lederer settles Post by: smashedagain on December 19, 2012, 06:04:30 PM Will he still be left with millions then. In my experience when the accused agrees a settlement figure under the proceeds of crime then they still have plenty tucked away.
Title: Re: Lederer settles Post by: I KNOW IT on December 19, 2012, 06:17:34 PM Will he still be left with millions then. In my experience when the accused agrees a settlement figure under the proceeds of crime then they still have plenty tucked away. I would say so, especially if he suddenly appears playing in the high stakes games at The Poker King club in Macau :) Title: Re: Lederer settles Post by: The Camel on December 19, 2012, 06:19:57 PM I sat next to him at the WSOPE a few years ago.
He was betting 100k per match on the NFL. Doubt this settlement is more than a drop in the ocean to him Title: Re: Lederer settles Post by: Delboy on December 19, 2012, 07:32:55 PM Quote Lederer's 1965 Shelby Cobra roadster (http://assets.hemmings.com/uimage/12765929-170-0.jpg?rev=1) Nice |