If you love nothing more than keeping up with all poker related news, you may have seen the story last week about Chinese businessman and poker player Paul Phua being among a group of eight people who were arrested for allegedly running a betting ring at Caesars Palace in Las Vegas.
The players had apparently been making large bets among eachother on the World Cup that was played out in Brazil and were first kicked out of Caesars before the FBI became involved and arrested them at other locations in Las Vegas.
Well, in latest developments of the story, Phua has had to post bail of $2 million and even use his private jet worth $48 million as collateral. It has also been revealed by a poster on the 2+2 forums that well known high stakes player Andrew Robl has put up $1.5 million of his own money in a bond for the man he has known for more than four years.
The declaration from Robl has even been posted up on the forums, showing the sum he has paid, his signature and that he has been a professional poker player for nine years. This was done to help secure the release of both Paul Phua and his son Darren Phua who was also arrested.
Robl has played in some of the biggest tournaments and cash games in the world and should easily be able to afford the sum after notching up tournament earnings of $3,533,531 and winning many more millions playing in cash games.