"On paper, Ignite's CEO was Bilzerian's son D.B. - a professional poker player who gained notoriety on social media for his glamorous and ostentatious lifestyle. In fact, Bilzerian exercised de facto control of the company."
"This indictment alleges a long-running pattern of criminal behavior to avoid a regulator's judgment, mislead investors, and cheat the IRS," U.S. Atty. Martin Estrada said in a statement.
"Bilzerian falsely represented that he was indigent, allegedly funneling millions of dollars of his assets through shell companies to fund Ignite."
"Prosecutors say Bilzerian, described as a corporate takeover specialist, avoided paying the judgment even as he ran Ignite, a cannabis and lifestyle brand company."
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