Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > General Poker Discussion > News, Views, and Gossip

Notices

News, Views, and Gossip For poker news, views, and gossip

Closed Thread
 
Thread Tools Display Modes
Old 07-02-2012, 12:20 PM   #1
stranger
 
Join Date: Apr 2012
Location: Predicting the Future
Posts: 4
Post Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by DOJ

Raymond Bitar surrendered today (July 2, 2012) in New York. Also included is the email that went out to the staff in Dublin.

Quote:
To all Dublin Staff,

By now you probably have heard that I have returned to the US to deal with civil and criminal case that are pending against me in New York. We have all worked hard over the last 15 months to preserve Full Tilt’s assets and potential in order to provide for the repayment of all players, and that continues to be our top priority. It is as important as ever that we all do everything possible to make that happen and, hopefully our deal with Poker Stars will very soon make our goal a reality. My return to the US is part of this process.

I am particularly grateful to all of you here in Dublin for your hard work, patience and understanding during this difficult time. I believe that your hard work and dedication should not go unrecognized, and we have made arrangements for Poker Stars to guarantee all July salaries. You should therefore have no concern about coming to work during this period. After that, we expect that your employment contracts will be assumed by the buyer of the company’s assets.

For those that need to reach me, I expect to continue to be available by email and phone starting late Monday, New York time.

In the meantime, please refer any operational questions to **REDACTED**, and any HR questions to **REDACTED**.

Thank you all again.

Kind regards,

Raymond J Bitar







Last edited by Professionalpoker; 07-04-2012 at 02:21 AM. Reason: added DOJ Press Release
PS<3FTP is offline  
Old 07-02-2012, 12:22 PM   #2
adept
 
jefkve's Avatar
 
Join Date: Mar 2009
Location: Orange County, California
Posts: 1,162
Re: Ray Bitar Surrenders to US Government

About time....

Also, hoping this is a sign that this is moving towards a POSITIVE RESOLUTION!
jefkve is offline  
Old 07-02-2012, 12:22 PM   #3
old hand
 
yurk's Avatar
 
Join Date: Aug 2006
Location: Columbus 'Til I Die
Posts: 1,648
Interesting
yurk is offline  
Old 07-02-2012, 12:23 PM   #4
Carpal \'Tunnel
 
hotwings18's Avatar
 
Join Date: Jul 2010
Location: Quest for 12
Posts: 10,953
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

in b4 fake email
hotwings18 is offline  
Old 07-02-2012, 12:25 PM   #5
journeyman
 
Join Date: Apr 2009
Location: Ireland
Posts: 385
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Blackie Connors kicked him out of Dublin.
camlinboy is offline  
Old 07-02-2012, 12:26 PM   #6
grinder
 
aiminglow's Avatar
 
Join Date: Dec 2008
Posts: 468
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Finally, some news on FTP.

I hope it's true.
aiminglow is offline  
Old 07-02-2012, 12:27 PM   #7
adept
 
getya45's Avatar
 
Join Date: Nov 2010
Posts: 794
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

About ****ing time! Now lets hope Full Tilt players get paid.
getya45 is offline  
Old 07-02-2012, 12:27 PM   #8
Carpal \'Tunnel
 
Join Date: Feb 2010
Location: Doesn't have a leg to stand on.
Posts: 7,446
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Huge news if true.

Quote:
we have made arrangements for Poker Stars to guarantee all July salaries. You should therefore have no concern about coming to work during this period. After that, we expect that your employment contracts will be assumed by the buyer of the company’s assets.
WOWOWOW, get it done this month plz.
Go Get It is offline  
Old 07-02-2012, 12:27 PM   #9
veteran
 
BarrySanders's Avatar
 
Join Date: Nov 2007
Location: spacetime
Posts: 2,322
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

seems legit.
BarrySanders is offline  
Old 07-02-2012, 12:28 PM   #10
Carpal \'Tunnel
 
StoppedRainingMen's Avatar
 
Join Date: May 2012
Location: There is no need to be upset
Posts: 17,185
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

very curious
StoppedRainingMen is offline  
Old 07-02-2012, 12:28 PM   #11
old hand
 
Join Date: Dec 2010
Posts: 1,742
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Nothing confirmed yet.
dirtydiana73 is offline  
Old 07-02-2012, 12:30 PM   #12
banned
 
LamboMurc12's Avatar
 
Join Date: Sep 2011
Posts: 1,612
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

How does this OP get all his info
LamboMurc12 is offline  
Old 07-02-2012, 12:30 PM   #13
enthusiast
 
Join Date: Aug 2007
Location: NYC
Posts: 58
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Employees at FT are still showing up for work????
Bitter13 is offline  
Old 07-02-2012, 12:31 PM   #14
old hand
 
Posemuckel's Avatar
 
Join Date: Mar 2009
Location: browsing NVG
Posts: 1,344
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Quote:
Originally Posted by Bitter13 View Post
Employees at FT are still showing up for work????
Why not, when Pokerstars is paying?
Posemuckel is offline  
Old 07-02-2012, 12:31 PM   #15
adept
 
Join Date: Aug 2006
Posts: 960
re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

WOW. From the guy that originally broke the Pokerstars buying Full Tilt story. Choosing quality over quantity in posting and I like it.
bizzle03 is offline  

Closed Thread
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 02:31 AM.


Powered by vBulletin®
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.
Copyright © 2008-2010, Two Plus Two Interactive