Nade Posted April 15, 2011 Share Posted April 15, 2011 FullTilt.com PokerStars.com AbsolutePoker.com and UB.com all being seized by the US Govt and the latest breaking news on Reuters is they've been charged with illegal gambling. That's all the info right now. Edit: SAN FRANCISCO (MarketWatch) -- Federal authorities unsealed an indictment Friday against the founders of the three largest internet poker companies operating in the U.S. The indictment charges eleven defendants, including the founders of PokerStars, Full Tilt Poker, and Absolute Poker, with bank fraud, money laundering, and illegal gambling offenses, according to Federal authorities in New York. Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement. Quote Link to comment Share on other sites More sharing options...
PGremlin Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling WTF? I'm clearing most of my money out of Stars until this is cleared.:eek I'll leave enough there to play the homegames though :unsure Tnx for the warning Nade :ok Quote Link to comment Share on other sites More sharing options...
Nade Posted April 15, 2011 Author Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Yeah i've just withdrawn all from FullTilt and would have done on Stars if had anything on there. Think it's best in the short term as if it turns out to be fine to play on the sites then will be easy to get money back on the sites. According to @JamesBarnesEsq "DoJ appears seeking international arrest warrants & will extradite those not currently in the US" Quote Link to comment Share on other sites More sharing options...
PGremlin Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling The website of www.fulltiltpoker.com and www.ub.com are taken down by the fbi.:loon:loon:loon Pokerstars is still up but for how long? Quote Link to comment Share on other sites More sharing options...
Adetrick Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Thread on 2+2 http://forumserver.twoplustwo.com/29/news-views-gossip/reuters-full-tilt-poker-pokerstars-absolute-poker-charged-illegal-gambling-1020606/ Quote Link to comment Share on other sites More sharing options...
SteveC8066 Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling yea Stars withdrawn, Tilt been processed.....not exactly a fortune but rather be in my pocket than in cyberspace. Quote Link to comment Share on other sites More sharing options...
Nade Posted April 15, 2011 Author Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Players in the US now blocked from playing on Pokerstars. That's ******* huge. Quote Link to comment Share on other sites More sharing options...
PGremlin Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling The games on the pokerlobby are still running... I think most still don't know it yet? Good moment to play the Guaranteed games? :unsure Imagine winnings the Sunday Million for once when there are no Americans..... Quote Link to comment Share on other sites More sharing options...
GaF Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Wow!!!!! USA ....land of the free? :lol :lol :lol :lol Quote Link to comment Share on other sites More sharing options...
GaF Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling It's the same people who run Pokerstars, Full Tilt andAbsolute? :unsure http://www.pokerscout.com/news/scheinbergindictment.pdf Quote Link to comment Share on other sites More sharing options...
PGremlin Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling It's not just illegal gambling..... Count Charge Defendants Maximum Penalties 8 Conspiracy toCommit Bank Fraud and Wire Fraud ISAI SCHEINBERG,RAYMOND BITAR,BRENT BECKLEY,NELSON BURTNICK,PAUL TATE,RYAN LANG,BRADLEY FRANZEN,IRA RUBIN,CHAD ELIE 30 years in prison;fine of $1,000,000or twice the grossgain or loss; 5years supervisedrelease; forfeiture Quote Link to comment Share on other sites More sharing options...
Nade Posted April 15, 2011 Author Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Will be really interesting to see what effect that has on the cash games on those sites if US players get banned permanently as the majority of US players were grinders. Quote Link to comment Share on other sites More sharing options...
Rebel Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling 2+2 is down, must have crashed with the volume of traffic Never mind, back up Quote Link to comment Share on other sites More sharing options...
Nade Posted April 15, 2011 Author Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling The US players can't sit in any game on Stars, withdraw or transfer funds. I know a few high stakes players were dumping cash to European players at high stakes a bit ago. Quote Link to comment Share on other sites More sharing options...
morlspin Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Wow.....unbelieveable......USA gone mad! Quote Link to comment Share on other sites More sharing options...
glceud Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling as the majority of US players were grinders. Think you meant the majority of grinders were US players. Quote Link to comment Share on other sites More sharing options...
ThePokerPad Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Wow, never expected the US to do this even though I had a feeling they would try it. Quote Link to comment Share on other sites More sharing options...
gettingfatter Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling They are actually getting charged with money laundering and fraud as they werent declaring the nature of their business to banking institutes (sounds like the banks have gotten away with it again!). I think some banks are involved and have been basically bribed to process payments. This has all stemned from a guy who was involved in payment processing software (i think) for stars/tilt and robbed 100m from them. He then got picked up by the feds and spilled the beans, presumably for something in exchange. This is all according to the 2+2 thread which wont load for me now so I cant get the article link. Crazy shit. Quote Link to comment Share on other sites More sharing options...
averick Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Checked an hour ago and only 200k+ players logged on compared to 300+k normally. Darn it, what a bad time to have a self-exclusion:wall:wall:wall:wall:wall Quote Link to comment Share on other sites More sharing options...
Nade Posted April 15, 2011 Author Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Checked an hour ago and only 200k+ players logged on compared to 300+k normally. Darn it, what a bad time to have a self-exclusion:wall:wall:wall:wall:wall I'm pretty certain you could still withdraw even when self-excluded? If not then yeah worst possible timing... Quote Link to comment Share on other sites More sharing options...
deadlydaveLDN Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Latest is that the sites will be shutting down worldwide within next 48hrs apparently, so not just going to be US affected Quote Link to comment Share on other sites More sharing options...
averick Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Any link to that dave? Just tried cashing out, but absolutely nothing happened when I clicked the cashout button:\ Dropped Stars an email, hopefully they will be able to help. Quote Link to comment Share on other sites More sharing options...
Nade Posted April 15, 2011 Author Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Latest is that the sites will be shutting down worldwide within next 48hrs apparently' date=' so not just going to be US affected[/quote'] I think they meant just the domain names of FTP.com Stars.com etc. not the actual playing software would be shutdown? Quote Link to comment Share on other sites More sharing options...
deadlydaveLDN Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling I think they meant just the domain names of FTP.com Stars.com etc. not the actual playing software would be shutdown? I think they mean the software but may be wrong. Quote Link to comment Share on other sites More sharing options...
PGremlin Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling So many speculations... I can't imagine Stars or FTP going down, There are more non-USA players then USA players. But someone Twittered something about 48 hours? ================================ http://twitter.com/#!/ESPN_poker My colleagues @GamblingComp have said that within 48 hours, all the indicted #poker sites—around the world—will be shut down. http://www.gamblingcompliance.com/ Quote Link to comment Share on other sites More sharing options...
heniek31 Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Any link to that dave? Just tried cashing out, but absolutely nothing happened when I clicked the cashout button:\ Dropped Stars an email, hopefully they will be able to help. Cleaned out FT, as hardly played there anyway. Left $50 in Stars. Cashier still working for me, as just transfered to some one else. Quote Link to comment Share on other sites More sharing options...
deadlydaveLDN Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling :lol Quote Link to comment Share on other sites More sharing options...
heniek31 Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Cashier not working any more. Quote Link to comment Share on other sites More sharing options...
ooblio Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Cashier not working any more. More topic info the better Hen, so at least people will see wherever they look :\ Quote Link to comment Share on other sites More sharing options...
avongirl Posted April 15, 2011 Share Posted April 15, 2011 Re: THE major Poker sites and their owners charged with illegal gambling Anyone managing to withdraw on Stars at the moment? It allowed me to transfer all my funds into my $ account and then appears to say I can withdraw the full balance, but nothing happens when I press submit. If I click on the information link it takes me to a Russian (I think?) page. Quote Link to comment Share on other sites More sharing options...
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