IRS Seizes Jerry Yang's 2007 Main Event BraceletGovernment Claims 'Taxpayer' Didn't Fulfill Tax Obligations |
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The Internal Revenue Service has seized the 2007 main event bracelet of champion Jerry Yang, along with other jewelry. The items will be auctioned off to the public.
The property is as follows: "Corum bracelet and Corum watch won at the 2007 World Series of Poker main event; Corum ladies watch; Wittnauer watches; Movado watches; Rockwell Timekeeper; Raymond Weil watch; Gold herring- bone necklace and bracelet; White gold bracelet with blue sapphires and diamonds; bracelet with ‘Mom’ inscription; 14K man’s gold bracelet with ‘WSOP Champ;’ Man’s gold necklace with an “A’s of Hearts” pendent with white embedded diamonds (10K); silver breast plate ‘Hmong’ cultural jewelry."
Yang, whose named was not mentioned in the IRS posting, currently owns and operates Pocket 8’s Sushi And Grill in Merced, California.
Yang outlasted 6,358 players in the main event to take home $8.25 million. He has cashed for about $150,000 in tournaments since then.
For details on the property, check out the IRS posting. Below is a clip of Yang’s victory.