Posted on: April 13, 2026, 03:36h.
Last updated on: April 13, 2026, 03:36h.
Four-time WSOP Circuit ring-winner George Janssen, who in late 2023 claimed to have been kidnapped and held captive for 33 days, has been sentenced to three years in prison after pleading guilty to bank fraud.
George Janssen, left, with FBI images related to his alleged kidnap. The poker player was sentenced to three years in federal prison for defrauding financial institutions by using bogus paperwork to “float” nearly $3 million in loans. (Image: MSPT/FBI/Casino.org)The 42-year-old Michiganite admitted conducting a scheme to defraud credit unions out of nearly $4 million through fraudulent auto-loan applications between 2016 and 2023. Prosecutors said he used bogus paperwork to “float” loans – taking out multiple loans against the same asset, in this case a vehicle from his dealership, and presenting it as collateral each time.
In October 2023, Michigan officials stripped him of his car-dealer license for five years, citing falsified paperwork. Two weeks later, he vanished.
Reported Missing
Janssen was reported missing by family members in November 2023 after his car was found abandoned with $50 bills scattered across the floor.
On December 16, he was discovered zip-tied and bloodied on the side of a rural road near his hometown of Bad Axe, Mich.
He claimed he had been kidnapped and held captive for 33 days by a “Hispanic extortion gang” in a basement in Ohio, telling a passerby he flagged down that he had managed to escape.
Prior to the alleged kidnapping, Janssen had confided in a friend that he had been extorted and threatened by a criminal group for roughly two years, according to a November 2023 missing person’s report.
He said the ordeal began when a masked man held him at gunpoint in a Detroit casino parking garage and demanded $2 million — money he claimed he did not have.
Janssen told the friend that the extortionists later provided him with a burner phone to maintain contact and threatened his family if he failed to pay. He said he was instructed to deliver cash in boxes left at prearranged drop-off locations.
“K-I-D-N-A-P” Letter
While he was missing, a family member received a handwritten letter from Janssen. The message referenced several real acquaintances but also included six apparent fictitious relatives — Kirby, Iggy, Daisey, Noah, Anthony, and Parker — whose initials formed an acrostic spelling, “K-I-D-N-A-P.”
During his alleged captivity, prosecutors said several of Janssen’s friends and associates came forward to say they had been defrauded by the poker player, who had convinced them to take out multiple vehicle loans, and wanted to clear their names.
Prosecutors later questioned Janssen’s account, but he was never charged in connection with the alleged kidnapping, and the claim has not been tested in court.
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