Convicted thief wins at poker, loses it all to the taxman

Everyone is probably familiar with the old saying, “There are two things you can’t avoid – death and taxes.” A poker winner, and convicted criminal, out of England may have thought the adage wasn’t going to apply to him, but he was wrong – very wrong.

25-year-old Adam Lulat had pleaded guilty to money laundering in 2015 and ultimately served 28 months in the slammer. He was ordered to make restitution of the £590,000 (US$749,120) he stole, but complained that he had no money or assets – he ended up paying only £1 (US$1.26).

Fast-forward almost three years and Lulat found himself a winner at a £1,110 Grosvenor UK Poker Tour (GUKPT) Main Event this past March. He overcame 240 other players to taste victory and collected a trophy and a first-place prize of £68,930 (then the equivalent of about US$95,000). Coming off a streak of bad luck and a stint in lockup, he probably felt like he was on top of the world.

His exuberance only lasted about six months, however. After learning of his good fortune, a UK court ordered him to hand over all the money he had won to Her Majesty’s Revenue and Customs (HMRC), who has asserted that he still owes money to victims from other crimes that were committed in 2010 and 2011.