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   Friday, May 25 2012 

 
Steve Zolotow: A definitive farewell to his diamonds seized by Canadian customs

The demand for the return of 20 rough diamonds or at least a financial compensation, by the American professional poker player, Steve Zolotow, captured 11 years ago that by the customs of Pearson Airport in Toronto, was finally rejected by the Canadian court, the high court. In fact, the player who won twice the World Series of Poker (WSOP) tried repeatedly to claim the stones he had forgotten to declare the existence in his boarding during a flight in April 2000. According to the Canadian legislation, the mustachioed, the most famous poker player of this time had a period of 30 days to appeal the seizure, an act that he completely forgot.



The deadline passed, the court that handled the case did the sale of the 20 gems. Thus, the 20 diamonds estimated at that time having a value of $ 866,000 have been sold for an amount well below of $ 250,000. To close the file definitely, the Tax Court ruled in the date of July 5, 2011 that Steve "Z" Zolotow, lost forever the diamonds confiscated and the monetary compensation claimed. However, he can always be satisfied of the returns of his many bars on the side of New York. For the career of this great poker player, he started in 1984 and since then, this poker enthusiast garnered a gain of around $ 2,170,455 and he won two bracelets in the World Series of Poker.

Source:  James WILLIAMS

Saturday, 23 July 2011


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