Ted Forrest better hope he has a good lawyer. The poker pro is facing two felony charges: passing a check without sufficient funds with the intent to defraud and theft.
From October 2012 to May 2013, the six-times WSOP gold bracelet winner allegedly wrote checks to Wynn Las Vegas, without having funds to cover them. The total amount of the check were $215,000.
Chris Rasmussen, Forrest’s lawyer, denied the charges. According to the defense attorney, the Las Vegas casino gave Forrest a line of credit. The casino has pushed the matter to the criminal realm, but Rasmussen claims this should be a civil dispute.
More Debt at the Mirage?
However, according to the court paper findings, in 2013, the 51-years old Forrest signed a confession of judgment where he agreed to a debt of $270,000 to Wynn Las Vegas. At the time, the player agreed to pay $170,000 as a down payment and $10,000 every month until the debt was paid off. But until the present time, nothing has been paid yet.
According to the RJ story, this is not Forrest’s only debt. In 2015, the Mirage in Las Vegas, loaned Forrest $40,500 and $100,000, however the status of the loans are unknown.
The Las Vegas Police Department issued an arrest warrant, but at this point, Forrest has not been taken into custody yet.
In Las Vegas this issue is becoming a hot topic. Originally, the Las Vegas Review-Journal broke the story, but now local channels are hoping on board too.
Poker Pro Ted Forrest
For many years Forrest was considered a top stud player, he was a prominent member of the poker community. Forrest is also known for loving more than just high stakes poker games in the gaming universe.
In 2010, Forrest bet Mike “The Mouth” Matusow, he could lose 50 pounds, and he held he’s end of the bet. Matusow, however, only paid $70,500 and claimed he was extremely inebriated when he made the prop bet and therefore he could not be held to it.