U.S. Gov't: Refunds available for online poker players

The United States Attorney General's office in Manhattan reached an agreement with two online poker companies to help American customers get their money back.

Under the deal, FullTiltPoker.com and PokerStars.com will have their domain names restored to facilitate the refunds of cash to customers in the United States.

The two companies, along with Absolute Poker, were charged with bank fraud, wire fraud, illegal gambling and money laundering last week.

Although a restraining order was issued against multiple bank accounts used by the poker companies, the government said it never prohibited refunds being given to clients.

Through the domain agreement, customers can register their requests for refunds directly with Poker Stars and Full Tilt Poker.

U.S. Attorney General Preet Bharara said his office will work with the poker companies to "facilitate the return of funds to players."

Absolute Poker has not entered into such an agreement with the government, and a spokesperson for Bharara's office declined to comment if any such deal is pending.

In the complaint brought against the poker giants, Bharara charged the defendants with concocting "an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits."

The indictment accused the three poker companies of engaging in "massive money laundering and bank fraud" in their efforts to circumvent current gambling laws.

The maximum penalties for these charges range from five years in prison and a $250,000 fine to 30 years in prison and a $1-million fine or twice the gross profits.

Authorities from the FBI said that the sites "arranged for the money received from U.S. gamblers to be disguised as payments to hundreds of non-existent online merchants purporting to sell merchandise such as jewelry and golf balls."

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Posted by RahstahMan
3 years ago

I agree that the government is fucked up but when will EVERYONE realize that the politicians that make up the government are nothing more than hand puppets to the major corporations. GOVERNMENT (democratic or republican)=MAJOR CORPORATIONS As Abraham Lincoln said in 1864, "as a result of the [civil] war, corporations have become enthroned, and an era of corruption in high places will follow. The money power of the country will endeavor to prolong its rule by preying upon the prejudices of the people until all wealth is concentrated in a few hands and the Republic is destroyed."
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Posted by shrynn
3 years ago

You know...I've said this for decades. The Government is made up of idiots! There are millions of people that gamble. This country is facing a budget deficit like never before. Why are they so collectively stupid that they can't see the obvious right in front of them? This country would be out of debt completely if they would just do two or three things. First, stop sending billions of dollars to countries who hate us and whose governments spend the aid we send on ferris wheels. And yes...that DID happen. Look it up. And secondly, why not take the lottery away from the States? Just give each State a percentage of sales, have a national lottery with thousands of prizes each drawing, have a jackpot that would grow to a half a billion dollars plus larger prizes for smaller winners. That, and start their own legitimate poker site and their own legitimate sports betting site and their own legitimate online casinos? This country would be debt free in 10 years. It's so simple they have to be idiots not to see it.
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Posted by Sewald
3 years ago

RUSSIA CAN PLAY ONLINE POKER AND AMERICA CANT IT IS A SAD DAY FOR THIS COUNTRY... I USE TO THINK GOVT. WAS GREAT AND WORKING FOR THE GOOD OF THE PEOPLE, BOY WAS I A DUMB ASS....
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Posted by honx2
3 years ago

America has never been, and will never be a FREE country! They say it's a free country, freedom of speech, bla bla bla. But the truth is it isn't. I used to live in the US and now I'm back in my home country, Indonesia, and I realized that the real free country is Indonesia. I can do practically almost anything here, or maybe even anything. $$ talks a lot here cause the law is not strong enough, whereas in the US it's law, law, law. Feels like in jail there. No offense.
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Posted by kilneski
3 years ago

Our government bailed out the crooked banksters like Goldman Sachs when they gamble and lose, but come to crush the little guy who wants to bet $50 in a poker room. Does anyone find this totally fucked up?? Our own government can't even balance their own checkbook. God this place is fucked up!!
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Posted by 1129ken
3 years ago

I'll believe it when I see it. This is precisely what they said when the US feds shut down Betonsports. I'm still waiting for my money. Good luck !
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Posted by pronk
3 years ago

This government is a lot worse than communism and mafia combine. One day people will revolt against this stupidity.
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Posted by chefmikeg
3 years ago

thank you so much our government is to kind to us to give OUR money back fack you !!
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Posted by HeadOverHeart
3 years ago

The Feds are OVER 14 TRILLION DOLLARS in debt. I think those a$$holes better start worrying about their own money problems than a Jake who wants to play $50 of poker online after a hard week at the shop. F@@K THE GOVERNMENT
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Posted by RissyGold
3 years ago

So where is the WTO (World Trade Organization) while all this is going on? The WTO needs to flex whatever muscle it has to help keep on-line gambling - a legal trade and business else where on the planet - open and alive. I'm also very disappointed that the PPA (Poker Players Alliance) has been more vocal or more public - making statements, getting on TV - about this issue since its gone down. I am starting to think these organizations are all talk and spam e-mail.
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Posted by SuperflySnuka
3 years ago

Thank GOD
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Top Response

Posted by HeadOverHeart
3 years ago

"The Feds are OVER 14 TRILLION DOLLARS in debt. I think those a$$holes better start worrying about their own money problems than a Jake who wants to play $50 of poker online after a hard week at the shop. F@@K THE GOVERNMENT"