Fall of the Taiwanchik-Trincher Organization: Jail For Vadim Trincher

Fall of the Taiwanchik-Trincher Organization: Jail For Vadim Trincher

Vadim Trincher, 52, has admitted to his role in running an illegal sportsbook that catered to ultrawealthy gamblers (millionaires and billionaires) in the USA and Eastern Europe (Ukraine and Russia).

His sportsbook focused on soccer matches and Vadim himself took money from these bettors, an illegal activity.

Vadim, a professional poker player who resides in New York city, had recently won more than $1,200,000 in live poker tournaments.

His largest win was at the Foxwoods Poker Classic / WPT Event Season 7 No Limit Hold’em Championship in 2009 where he won $731,079.

Vadim was facing a possible 20 years in a federal prison. However, he has reached a plea deal with authorities for 21 to 27 months. He has agreed to forfeit cash and property worth $20,000,000.