Daniel Kim Tzvetkoff seems to be many things to many different people. He is a son who was born in October, 1983, in Ipswich, Queensland. He is a genius who started a web design business when he was only 13 years old. He is an entrepreneur who founded Intabill, an online billing company, with Sam Sciacca in 2004.
According to Full Tilt Poker and PokerStars, Tzvetkoff is also a thief. Despite making up to $150,000 per day while processing an estimated $1B in online payments for the internet gaming heavyweights and Absolute Poker, Full Tilt Poker and PokerStars allege Tzvetkoff siphoned approximately $100M from their operations.
As April 9, 2012, draws near, Tzvetkoff has been identified as a government informant as well. On April 9, Chad Elie, a Las Vegas businessman, and John Campos, an executive with SunFirst Bank in Utah, go on trial for multiple offenses, including money laundering and conspiracy to commit bank fraud. If convicted, Elie could be sentenced to a maximum of 85 years in prison while Campos is facing up to 35 years behind bars.
As a former business partner of Elie and Campos, Tzvetkoff himself spent several months in U.S. jails accused of the same crimes as his former confidants. If tried and convicted, Tzvetkoff could have served up to 75 years in prison. Seen as a flight risk, Tzvetkoff was denied bail until August, 2010, when he was released from custody after agreeing to cooperate with prosecutors to avoid a possible seven-decade stay in prison.
Last week, prosecutors turned over more than 90,000 documents to the lawyers defending Chad Elie. The documents were given to the prosecutors by Tzvetkoff and included private emails the defense attorneys claim they had not seen before.
In addition to providing physical evidence to prosecutors, Tzvetkoff is expected to provide verbal testimony on behalf of the prosecution when Elie and Campos are tried in April, 2012.