Stars Dog Collar
Breaking News - Internet Poker Giants Poker Stars, Full Tilt Poker, Absolute Poker and UB Poker Shut Down by Feds
If you are a poker player from the United States or from any place for that matter, your poker playing days maybe over. The leaders of the three largest poker web sites on the internet were indicted today. A move that can send a major shockwave thru the industry at the very least and maybe indicate the end of some major poker brands.
Eleven execs at Poker Stars, Full Tilt Poker, Absolute Poker and several other companies were hit with charges of bank fraud and money laundering. Two of the defendants were taken into custody this morning in Nevada and Utah. Federal agents are still on the lookout for the others.
The executives listed in the filing are Isai Scheinberg, Raymond Bitar, Scott Tom, Brent Beckley, Nelson Burtnick, Paul Tate, Ryan Lang, Bradley Franzen, Ira Ruben, Chad Elie, and John Campos. Restraining orders were given against more than 75 bank accounts presumably used by the defendants and their payment processing companies.
Prosecutors want the web sites closed down and the execs sent to prison. They would also like to recuperate approximately $3 billion from the companies involved. This afternoon, Full Tilt Poker’s website displayed a message that read, “this domain name has been seized by the F.B.I. pursuant to an Arrest Warrant.” Soon after Poker Stars, Absolute Poker, and UB Poker web sites displayed a similar message. All four domains were seized by the Department of Justice.
In 2006, Congress passed legislation to curtail gambling online. Lots of the big players managed to figure out how to circumvent the law, but it looks like in doing so they may have broken a few laws along the way.
“These defendants concocted an complex criminal fraud scheme, alternately deceiving some U.S. banks and effectively bribing others to ensure the continuing flow of billions in illegal gambling profits,” says Preet Bharara, the U.S. attorney in Manhattan, where today’s indictment was unsealed.
“Moreover, as we allege, in their zeal to bypass the gambling laws, the defendants also took part in considerable money laundering and bank fraud.”
This definitely is the major story of online poker players and the full results on US poker sites surely have not been felt.
Angelina Jolie Dog Collar Photos in Star Magazine
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