After swindling his clients to support his poker habit, a disgraced Albuquerque, N.M., stockbroker is looking to win his freedom at the card table.
Samuel McMaster Jr., who has admitted to 26 felony charges of securities fraud, struck a deal Aug. 4 with New Mexico authorities that could allow him to stay out of prison provided he can earn enough money playing in poker tournaments to repay the $444,000 he took from his more than 20 victims.
But McMaster, 59, eventually has to go back in front of a judge who can still sentence him up to 12 years.
“We’re not talking about a get-out-jail-free card,” Kelly O’Donnell, superintendent of the New Mexico Regulation and Licensing Department, said.
Full story: Samuel McMaster, Jr.: New Mexico Poker Pro Plays for Freedom – ABC News