Cliffs-

The 18 bank accounts spread across five countries, all in the name of Raymond Bitar or Raymond Jack Bitar, included the following:

-Two (2) numbered accounts at the Royal Bank of Scotland International (Scotland);
-Three (3) accounts at the Bank of Ireland (Ireland);
-One (1) account at the Bank of Scotland Ireland, Inc (Ireland);
-Two (2) accounts at National Irish Bank (Ireland);
-One (1) account at Allied Irish Bank (Ireland);
-Five (5) accounts at Bank of Valletta (Malta);
-Two (2) accounts at Wirecard Bank AG (Germany);
-Two (2) accounts at Comerica Bank (Dallas, Texas).

Bitar also surrendered ownership in several properties as part of the plea deal, including four homes and commercial properties in California, two more in Terre Haute, Indiana, and one-tenth ownership in a resort vacation unit in Bermuda.

In addition, Bitar surrendered his ownership and/or equity interest in 23 separate corporate entities connected to Full Tilt’s global operations, including software ownership holding company’s Tiltware, LLC and Pocket Kings, Ltd.

Bitar also surrendered his interests in at least nine business entities not connected directly to the Full Tilt operations, in documents which were finalized only earlier in 2014. The list included everything from an entertainment company to a fledgling brewery operation, and was comprised of the following: Sierra Slover LLC; Path to Prosperity Inc.; Panjia Inc; RCR Pictures LLC; Exit Row LLC; PASG LLC; LBC, LLC; GLX Limited; and B.C. Brewing.

article - http://www.flushdraw.net/news/ray-bi...ils-published/

Also not shocked since how he plead for leniency due to his "heart problems" which didn't give him long to live(when he was sentenced) seemed to be bs. The "heart problems" bs which came from stevebets & his legal team allowed him not to serve any jail time.

Those are probably only around half his assets, if that. White collar crime is the way to go.

Why would he not just move all the money into off shore accounts?

The stuff listed is probably just the leftovers.

Ray and Howard had also invested in a marijuana dispensary in Las Vegas. This always cracked me up. I guess they knew a lot of there players smoked and would snap come to them if they opened up shop.

Interesting. This article lists the corporate names of the license winners. Wonder if they are behind any of them.
http://www.reviewjournal.com/politic...a-dispensaries

Unfortunately, this.

100 %

Did his scam with the heart disease work btw ? Or is he going to prision ?

Nice information there, I always wondered how that process worked. I believe Chris Ferguson was involved too.

This, why isn't he dead yet if he had this "heart problem." Not saying he should die, but shouldn't there be some sort of investigation into this if he said this just to avoid jail time?

I guess it´s much more simple to make up huge conspiration theories instead of assuming that this guy is a major ******. I only read the article on flushdraw and all I could think of was something like "how the **** does this ****** run a borderline criminal operation and buy all those assets under his own name?"

On a serious note, $40m is just about the amount that guys like Lederer and Ivey received in distributions. How is the forfeiture of $40m in assets not supposed to hurt a clown like Bitar, who probably owned much less % in FTP?

How is this not money laundering? He clearly put money into all these business to launder it. No way he really gives a **** about all these businesses.

The Official FTP Fall Guy got a great deal.





.

Any idea where he resides right now?

Prosecutors/Judges don't just accept the defendant's and/or lawyer's word.

The Feds have their own doctors that look at records and/or conduct examinations.

An investigation was done and the Feds were satisfied that Bitar has a serious heart condition.


Former Full-Tilt Poker CEO Pleads Guilty And Is Sentenced In Manhattan Federal Court

...In sentencing BITAR, Judge Preska made clear that she would have imposed a substantial term of imprisonment had it not been for the fact that BITAR has an extremely serious heart condition and is in urgent need of a heart transplant...

To all the conspiracy theorists: according to my sources Ray Bitar is unlikely to live more than a couple years and is nearly penniless. He didn't get away with anything. That should be worth more than a random nvger's gossip as I was member of team full tilt.

lol @ didn't get away with anything when he's not serving any prison time. He should be in jail for the rest of his life for however long that is.

Nothing less than he deserves, scumbag lived the ultrahigh life for many years on the player's dime


So how many skimmed player dollars did you get away with Mr Cunningham?

All of the photos I have seen of him he looks like a candidate to be on the Biggest Loser. Also he could have these conditions and not literally be on deaths door as many contestants on the show have them and then reverse them with a pro athlete athletic regiment. Here is a photo of him a few years back....http://http://www.pokernews.com/news...o-tiltware.htm

We dont know this from a troll post but if you're looking for sympathy for this filthy monster, you're in the wrong place.

Hate it when people think they are 'worth' more than other people - another pro to add to my dickhead list.

what does stevesbets have to do with any of this?

I guess flying in lobsta from Maine on a private helicopter doesn't bode well for the BR. He very well could have blown through another 50MM within 3 yrs living a redic lifestyle.

Sorry, I didn't realize the thread was just about baseless speculation. I just saw ten posts contradicting what I had heard from some people close to Bitar so I thought someone might like to know.

I'll stay on topic -- I'm sure they were wrong and he actually is in perfect health on a private island with billions of dollars and lobsters.