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Old 04-15-2011, 11:57 AM  
C H R I S
Too lazy to set a custom title
 
Industry Role:
Join Date: Nov 2005
Location: Marina Del Rey
Posts: 10,842
Yeah looks to be true:

http://www.domainnamenews.com/legal-...rincipals/9184

The US government seized the domains for Poker Stars, Absolute Poker, and Full Tilt Poker and charged the site principals with bank fraud, illegal gambling offenses and laundering billions in illegal gambling proceeds.

[Developing Story]

See the full press release after the jump

MANHATTAN U.S. ATTORNEY CHARGES PRINCIPALS OF THREE LARGEST INTERNET POKER COMPANIES WITH BANK FRAUD, ILLEGAL GAMBLING OFFENSES AND LAUNDERING BILLIONS IN ILLEGAL GAMBLING PROCEEDS

Multi-Billion Dollar Civil Money Laundering And Forfeiture Action Also Filed

Internet Domain Names Used By The Poker Companies Seized

PREET BHARARA, the United States Attorney for the Southern District of New York, and JANICE FEDARCYK, the Assistant-Director-in-Charge of the New York Field Office of the
Federal Bureau of Investigation (“FBI”), announced the unsealing of an Indictment today charging eleven defendants, including the founders of the three largest Internet poker companies doing business in the United States – PokerStars, Full Tilt Poker, and Absolute Poker (the “Poker Companies”)- with bank fraud, money laundering, and illegal gambling offenses. The United States also filed a civil money laundering and in rem forfeiture
complaint (the “Civil Complaint”) against the Poker Companies, their assets, and the assets of several payment processors for the Poker Companies. In addition, restraining orders were issued against more than 75 bank accounts utilized by the Poker Companies and their payment processors, and five Internet domain names used by the Poker Companies to host their illegal poker games were seized.
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C H R I S
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