Poker pro David Peters accused of dodging $50,000 debt repayment
I deeply regret my collaboration with David Peters. Last summer, he bought a share of my $50,000 buy-in in a PLO tournament that I won. I cashed out almost immediately and handed him a large sum in cash just a couple of days later.
A few months later, I traveled to play the Triton series in Jeju. David took stakes in both main events—PLO and NL—and asked if we could settle up afterward, citing liquidity issues during the series. I agreed without hesitation. In the end, he owed me $50,000. We arranged for him to pay me back at the PokerMasters series, but he didn't show up. When we met again, he promised to repay me at the NAPT series, but he didn't attend that either.
I asked him to resolve everything before the WSOP in the Bahamas. He requested my bank details, but I never received a payment. I started to grow concerned. When I asked what was going on, he replied that he was "trying to free up liquidity" and promised to keep me updated. But I never heard from him again, and whenever I reached out, he always gave the same vague response.
This went on until I threatened to go public unless he repaid me by February. He sent me $12,000 and change, claiming he would return the rest soon. When the end of February arrived, he convinced me to give him another month. On April 1, he transferred $15,000 and said he simply couldn't pay back the remaining balance.
