Poker player Vadim Trincher (pictured) is not a free man after being indicted on illegal gambling, racketeering, money laundering, and extortion charges in conjunction with a major gambling ring, but he is also not behind bars. The former WPT Foxwoods Poker Classic winner, with a little help from his friends, was able to post the required $10 million bail and is now under house arrest.

Trincher allegedly was one of the leaders of the criminal ring, running high-stakes poker games out of his multi-million dollar Trump Tower condo. He allegedly laundered as much as $50 million from those games through shell companies and bank accounts in Cyprus to destinations in the United States and Russia. The U.S. Government has also allegedly tied Trincher to suspected Russian mobster Alimzhan Tokhtakhounov.

Haley Hintze at FlushDraw recently detailed portions of the bail agreement after acquiring the court documents. Several co-signers helped wrangle up more than $3.3 million of the $10 million for Trincher, mostly in the form of real property. One of those people was poker player Eugene Katchalov, who put up property in Brooklyn, New York valued at over $300,000. Katchalov is close to the Trincher family, having been staked by Ilya Trincher (Vadim’s son, also named in the indictments).

Should Vadim Trincher not appear at this future court dates, his co-signers risk losing the assets they put up for their friend.

Trincher also had his Trump Tower condo seized, whose value has been put at anywhere from $5 million to $8 million depending on the source. In addition, he had $2.3 million in Bellagio and Aria casino chips taken by federal law enforcement officials along with cash and jewelry.

As part of his bail package, Trincher must remain confined to his home and wear an ankle bracelet at all times. He is only allowed to leave the domicile for medical reasons or to visit his elderly mother, provided those excursions are approved. He must also be in constant contact with prosecutors from the Southern and Eastern Districts of New York.

There were a total of 34 defendants named in the 84-page indictment, including poker players Bill Edler, Peter nordbergFeldman (pictured), John Hanson, and Abe Mosseri. Most did not have nearly the level of involvement that Trincher allegedly did. Edler, for example, appears to have been simply a “runner,” or someone who placed bets for other people. Read more.

About a dozen of the “minor” defendants in the case have pled guilty to various charges, although most are of the illegal gambling variety.

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