Daniel Tzvetkoff Lawyer Not Optimistic About Bail

An attorney for indicted Australia payment processor Daniel Tzvetkoff tells the Sydney Morning Herald he will likely have a tough time getting his client out on bail when the application is presented to Judge Peggy A. Leen's court in Las Vegas. 

Tzvetkoff is accused of laundering more than $US500 of Internet gambling revenue by disguising the transactions so banks would not know it was gambling money.  Tzvetkoff was arrested while attending a conference in Las Vegas Friday morning.

"Best case basis we will get the US Attorney to agree, but right now they are disinclined to agree on any release conditions," his US based attorney Mace Yampolsky said.

But the odds of this happening are slim to none as Tzvetkoff is likely going to be considered a flight risk.

Not only is the 27-year old multi-millionaire under scrutiny by the US government, the industry in which he processed money for despises the man.  They accuse him of stealing millions in funds when he cut off processing and apparently shut down his company. 

Aaron Goldstein, Gambling911.com