WSOP Bracelet Winner Gal Yifrach Charged with Illegal Gambling, Money Laundering

Poker participant Gal Yifrach has been supercharged by federal authorities with conducting an illegal gambling byplay and money laundering, according to a newly unsealed indictment.

The Israeli-born World Series of Poker bangle winner is alleged to have got lead an illegal slots functioning inward his place land of Golden State with co-defendants Shalom Ifrah and Nick Shkolnik.

Yifrach is a trademark ambassador for Hustler Casino Live and the Live Stream Poker Show, II pop live fire hook streams, and has appeared regularly on Live at the Bike, the pilot and best-known unrecorded stove poker stream.

Last year, he lost a $300,000 pot playing $200-$400 no more bound hold’em during a Hustler Live session.

Checks for Chips

According to federal prosecutors, Yifrach and his accomplices used several methods to launder their ill-gotten gains, including ever-changing bemire money for cassino chips. Investigators monitored Yifrach’s communications, intercepting messages he sent to others mired in the operation, the filings says.

These revealed that in 2018, he swapped just o'er $200,000 in casino chips for checks from a gaming establishment referred to inwards the indictment only as “Casino 1.”

He so deposited the checks into his cant accounts and invested the money inwards existent estate, according to the indictment.

Casino 1 is described by prosecutors as beingness in Alexander Melville Bell Gardens, Calif. The Bicycle Casino, place of Live at the Bike, is the only when casino in Vanessa Stephen Gardens.

Last November, federal authorities fined the cassino $500,000 for flunk to travel along anti-money laundering procedures. However, the infractions detailed in the complaint against “The Bike” dated from 2016 and are unrelated to the Yifrach case.

Other methods employed past Yifrach to wash drawing money included handing over immediate payment o'er to an associate, named inward the complaint as “Individual 6,” who would emerge incorporated checks for the tantamount(p) summation from deuce unidentified firms.

Amusingly, The Daily Beast has discovered via corp records that until 2019, Yifrach owned an existent laundromat in San Diego.

Gushing Advertorials

Yifrach appears to get taken come out advertorials inwards several media outlets recently, including the Jerusalem Post, L.A. Weekly, and the medicine and entertainment-focused Vents Magazine. These gushingly extol his virtues and describe his “incredible journeying to the top.”

Vents describes his “strong qualities” that spend a penny him a “role example and an inspiration for so many people.”

“What sets Yifrach apart from most people is that he has implausibly high standards not only when as a poker game participant or an enterpriser but also as a human being,” reads the advertorial. “He wants to enliven others to go the best versions of themselves and live generous and humble.”

In convicted, he faces upwardly to 25 years inward prison.