Poker Processor Sent Back To Jail Amid Escape Concerns

An online poker processor free on a bond has been sent back to Lee County jail, Florida after increasing concerns that he may try fleeing the country.
German citizen, Michael Olaf Schuett aka Olaf Brand was accused of illegally processing around $70 million in online poker winnings between Nov. 1, 2007 and when he was arrested in March this year.
Schütt was facing up to 5 year in prison when his 28 year old’s wife of nine months, Jennifer Sherman (28) originally posted a $100,000 unsecured bond for her husband. However, she is now largely responsible for his re incarceration after she became concerned he may try to flee and she would lose the money.
As the federal court records state, Jennifer Sherman “indicated she was in fear, was afraid her husband was going to flee, and wished to be removed from the defendant’s bond.”
Despite his defense attorney James Felman arguing that Schuett had shown “substantial and exemplary” behaviour while assisting federal investigators and should remain free on a bond, U.S. Magistrate Judge Sheri Polster Chappell was of a different opinion.
Noting that “The defendant has no employment ties, no familiar ties, is not a U.S. citizen and sought information to obtain a pilot’s license,” the judge ordered him back to Lee County jail.
Schuett’s sentencing has now been moved to November 8th.
Earlier this year  authorites were originally put onto Schuett’s illegal poker processing empire after “Federal Express employees became suspicious…when Schuett began mailing over 150 parcels per week. FedEx employees opened several of the parcels and determined that each contained a check.”
Schuett was subsequently arrested and his assets seized, including $2.47 million from numerous bank accounts, $10,000 in cash from his home, as well as jewelry and cars.

Other news: reportedly expanding player pool to Michigan

Poker News
01 May 2018
Last Tuesday, US-facing poker site Americas Cardroom (ACR) was targeted by a distributed denial of service (DDoS) attack which crippled the site’s traffic, ultimately leading to a cancellation of the tournaments it was running at the time. After working to resolve the issue, another cyber attack was then launched against ACR on Sunday, meaning that
29 Mar 2018
Last week, Francisco Vallejo Pons, a Spanish chess Grandmaster, pulled out of the European Individual Championship in Batumi, Georgia having made it through to the competition’s fifth round. Vallejo had previously won the event in 2013, and was this year’s fourth placed seed, with the tournament acting as an important qualifier for the 2019 Chess
21 Mar 2018
Earlier this week, Vietnam’s Ministry of Public Security (MoPS), headed by General Tran Dai Quang (photo), decided to clarify details about its crackdown on illegal online gambling and money laundering in the country. The move was apparently made because of what was described as “inaccurate reports” circulating about its operation in the northern province of
06 Mar 2018
The Crown Casino in Melbourne is facing disciplinary action that could lead to the suspension of its gaming license following evidence tabled by MP Andrew Wilkie in the federal parliament related to illicit practices in Australia’s slot machine market. As a spokeswoman for the Victorian Commission for Gambling and Liquor Regulation (VCGLR) stated on March