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Old 04-15-2011, 02:24 PM   #1
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This isn't good (USA DOJ indictment of Stars/ftp/ub)

PDF of DOJ indictment

http://www.justice.gov/usao/nys/pres...dictmentpr.pdf

currently on most broswers you cant even go to ub.com or pokerstars.com

AstinTO Astin

Founders of Stars, Tilt, and AB among 11 charged with bank fraud, money laundering, and illegal gambling offences -US Attorney Preet Bharara

ESPN_Poker Andrew Feldman

Isai Scheinberg and Paul Tate PokerStars, Ray Bitar and Nelson Burtnick of FTP and Scott Tom and Brent Beckley of AP named
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Old 04-15-2011, 02:26 PM   #2
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

Quote:
Multi-Billion Dollar Civil Money Laundering And
Forfeiture Action Also Filed
.
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Old 04-15-2011, 02:27 PM   #3
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

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Old 04-15-2011, 02:28 PM   #4
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

http://online.wsj.com/article/SB1000...852516194.html
Quote:
Eleven people, including the founders of three of the largest online poker companies doing business in the U.S., have been charged in the latest crack down on Internet gambling by U.S. authorities.

Federal prosecutors in Manhattan allege the companies tried to sidestep U.S. laws prohibiting banks and credit-card issuers from processing gambling payments by disguising billions of dollars from U.S. gamblers as payments to nonexistent online merchants for golf balls, jewelry and other merchandise.
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Old 04-15-2011, 02:29 PM   #5
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

At the bottom of your link it shows maximum sentences....... seems like a lot of years
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Old 04-15-2011, 02:30 PM   #6
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

i think ur gonna have some days off charder
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Old 04-15-2011, 02:31 PM   #7
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

So does this shed a little light on the MET/FTOPS/2xGTweeks/processing issues?
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Old 04-15-2011, 02:32 PM   #8
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

Quote:
Originally Posted by CBorders View Post
So does this shed a little light on the MET/FTOPS/2xGTweeks/processing issues?
ya think? this isn't necessarily the end, but it cant be good for business.

hopefully US regulations get moving quicker.
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Old 04-15-2011, 02:32 PM   #9
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

O Canada....
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Old 04-15-2011, 02:34 PM   #10
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

Ummmmm, ****.
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Old 04-15-2011, 02:35 PM   #11
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

Quote:
Originally Posted by Loretta8 View Post
O Canada....
jesus im canadian and only hoping i can cashout everything
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Old 04-15-2011, 02:37 PM   #12
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

Should we be withdrawing?
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Old 04-15-2011, 02:37 PM   #13
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

Wish this could've waited until after SCOOP.
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Old 04-15-2011, 02:38 PM   #14
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

Hope this bolsters a legal kickback, this is bad tho


Also i think its pretty reasonable to assume ftp knew this was coming and have been on a blatant cash grab trying to suck the online community dry, instead of just regular rakegreed
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Old 04-15-2011, 02:38 PM   #15
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Re: This isn't good (USA DOJ indictment of Stars/ftp/ub)

I was wondering why i got a tiny rakeback payment today when I think I usually get them on Tuesday, think its related?
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