- Joined
- Jan 14, 2008
- Messages
- 61,388
SOURCE
It took over five years and eight rounds of remission payments, but 83 percent of affected Full Tilt Poker customers have recouped their lost account balances.
According to a press release by the Department of Justice and the Garden City Group, Absolute Poker and Ultimate Bet players will now have an opportunity to recover the money they lost some six years ago.
DOJ:
“Joon H. Kim, the Acting United States Attorney for the Southern District of New York, announced today that the United States has retained the Garden City Group (“GCG”) to oversee a process for compensating eligible victims of a fraud committed by Absolute Poker against United States players who were unable to withdraw funds from Absolute Poker following the Office’s filing in 2011 of a civil money laundering and forfeiture action against Absolute Poker and others in United States v. PokerStars, et al.
“GCG is already overseeing the claims process for eligible victims of the fraud committed by Full Tilt Poker against United States players, as described in both United States v. PokerStars, et al., and the indictment in the parallel criminal case, United States v. Bitar, et. al. To date, approximately $118 million has been paid to Full Tilt Poker fraud victims through that process.”
It took over five years and eight rounds of remission payments, but 83 percent of affected Full Tilt Poker customers have recouped their lost account balances.
According to a press release by the Department of Justice and the Garden City Group, Absolute Poker and Ultimate Bet players will now have an opportunity to recover the money they lost some six years ago.
DOJ:
“Joon H. Kim, the Acting United States Attorney for the Southern District of New York, announced today that the United States has retained the Garden City Group (“GCG”) to oversee a process for compensating eligible victims of a fraud committed by Absolute Poker against United States players who were unable to withdraw funds from Absolute Poker following the Office’s filing in 2011 of a civil money laundering and forfeiture action against Absolute Poker and others in United States v. PokerStars, et al.
“GCG is already overseeing the claims process for eligible victims of the fraud committed by Full Tilt Poker against United States players, as described in both United States v. PokerStars, et al., and the indictment in the parallel criminal case, United States v. Bitar, et. al. To date, approximately $118 million has been paid to Full Tilt Poker fraud victims through that process.”
