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Old 07-02-2012, 12:20 PM   #1
PS<3FTP
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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 Videopro; 07-04-2012 at 02:21 AM. Reason: added DOJ Press Release
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Old 07-02-2012, 12:22 PM   #2
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Re: Ray Bitar Surrenders to US Government

About time....

Also, hoping this is a sign that this is moving towards a POSITIVE RESOLUTION!
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Old 07-02-2012, 12:22 PM   #3
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Interesting
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Old 07-02-2012, 12:23 PM   #4
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

in b4 fake email
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Old 07-02-2012, 12:25 PM   #5
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Blackie Connors kicked him out of Dublin.
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Old 07-02-2012, 12:26 PM   #6
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Finally, some news on FTP.

I hope it's true.
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Old 07-02-2012, 12:27 PM   #7
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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.
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Old 07-02-2012, 12:27 PM   #8
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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.
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Old 07-02-2012, 12:27 PM   #9
BarrySanders
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

seems legit.
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Old 07-02-2012, 12:28 PM   #10
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

very curious
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Old 07-02-2012, 12:28 PM   #11
dirtydiana73
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Nothing confirmed yet.
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Old 07-02-2012, 12:30 PM   #12
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

How does this OP get all his info
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Old 07-02-2012, 12:30 PM   #13
Bitter13
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Employees at FT are still showing up for work????
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Old 07-02-2012, 12:31 PM   #14
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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?
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Old 07-02-2012, 12:31 PM   #15
bizzle03
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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.
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Old 07-02-2012, 12:31 PM   #16
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

hopefully our deal with Poker Stars will very soon make our goal a reality. My return to the US is part of this process.
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Old 07-02-2012, 12:32 PM   #17
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Old 07-02-2012, 12:32 PM   #18
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

OP is the same of https://forumserver.twoplustwo.com/29...pm-pt-1197424/
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Old 07-02-2012, 12:32 PM   #19
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Most encouraging thing if legit is confirmation of a potential deal with PS...
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Old 07-02-2012, 12:33 PM   #20
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

If he is flying with ryan air chances are he will end up in africa
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Old 07-02-2012, 12:33 PM   #21
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Quote:
Originally Posted by LamboMurc12 View Post
How does this OP get all his info
wondering same thing
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Old 07-02-2012, 12:33 PM   #22
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

What about jesus and howard?
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Old 07-02-2012, 12:34 PM   #23
kidcharisma1
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

We really are going to need a reliable source or party poster. Or this gets locked in less then an hour.

Noah, DF, any poster with more posts.
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Old 07-02-2012, 12:34 PM   #24
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

popcorn.gif
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Old 07-02-2012, 12:34 PM   #25
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re: Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by EGR & Poker News

Well this is a good sign... especially with them only asking for a 1 week extension..... i like the way things are heading.
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