Looks like someone hacked into the 2004 WSOP Main Event champion's account. But instead of transferring the money to a private account, the thief tried to "launder" the money by losing it to himself (under another screen name) through a series of heads-up sit-'n'-go tournaments. Apparently the thief didn't know that everyone watches Raymer play on PokerStars, and this wouldn't go unnoticed.
http://www.pokernews.com/news/2007/3...unt-hacked.htm