Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by DOJ - Page 4 - Poker News

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Ray Bitar (FTP CEO) Surrenders to US Government - Confirmed by DOJ

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07-02-2012 , 01:05 PM

#76

da_ve

centurion

Join Date: Mar 2011 Posts: 115

one time.

07-02-2012 , 01:05 PM

#77

m00sy

grinder

Join Date: Mar 2010 Posts: 467

If this is true then he probably has finally done the right thing, assuming it really is an enabler to the PokerStars buyout.

07-02-2012 , 01:05 PM

#78

Joe Tall

Carpal \'Tunnel

Join Date: Apr 2003 Posts: 16,925

Quote:

Originally Posted by xalas

why isn't this info taken to cardplayer/pokernews/bluff or even lv sun, Washington post etc instead it's on the nvg forum on 2+2?

The OP is allegedly an insider and it hasn't been reported yet. Also, Poker is not big news, especially online poker.

07-02-2012 , 01:06 PM

#79

Tom V

newbie

Join Date: Feb 2011 Posts: 32

Confirmed by US Attorney's office - we'll have a story up soon

07-02-2012 , 01:06 PM

#80

Posemuckel

old hand

Join Date: Mar 2009 Posts: 1,445

What's the name of Ray's lawyer again? Maybe someone could contact him?

07-02-2012 , 01:06 PM

#81

bizzle03

adept

Join Date: Aug 2006 Posts: 1,000

Quote:

Originally Posted by 28renton

How on earth could someone convince Ray Bitar, a rich guy who's safe from extradition (I believe), to turn himself in? He could have lived out the rest of his life in (relative) freedom with loads of money, yeah? Could it be true he does actually want to see players paid back? Could it be true he does actually have a conscience?

By the DOJ offering him a deal and the possibility of returning to his home country for a significant portion of the rest of his life, as well as the possibility of saving his name, maybe.

07-02-2012 , 01:06 PM

#82

Videopro

Making TV

Join Date: Oct 2002 Posts: 19,242

Hope it is true but so far no other confirmation on the web. OP's only other post:
http://forumserver.twoplustwo.com/29.../#post32767261

07-02-2012 , 01:06 PM

#83

potleemit

banned

Join Date: Jun 2012 Posts: 178

Just more BS spin. Every time there is bad news they pump some pitiful spin like leaked emails about players getting paid. Of course mentioning Poker Stars, too.

These guys take the cake. Everyone involved really is the lowest scum on the earth and a majority of the ones involved would go to prison for many years, if the system was fair.

Here's hoping that Bitar, Ferguson, Phil Gordon, Rafe Furst, Phil Ivey, and Howard Lederer are forced to give up their cash and put in a few years in the slammer.

Players have zero chance of getting paid. Get over it.

07-02-2012 , 01:07 PM

#84

Joe Tall

Carpal \'Tunnel

Join Date: Apr 2003 Posts: 16,925

Quote:

Originally Posted by tommytuffnutz

insta 2k viewers on nvg...how does it spread so fast..amazing

Twitter

07-02-2012 , 01:07 PM

#85

bizzle03

adept

Join Date: Aug 2006 Posts: 1,000

Quote:

Originally Posted by Ditch Digger

I'm sure Bitar's lawyer when through his letter to the staff with a fine tooth comb. Even if the deal is 99.9% done he'd be an idiot to announce anything before the DOJ and Stars announces it.

Yet they let him spell PokerStars as two words?

07-02-2012 , 01:08 PM

#86

Huskermoney00

banned

Join Date: Apr 2011 Posts: 841

Where is Noah, SGT, or DF when you need them....

07-02-2012 , 01:09 PM

#87

potleemit

banned

Join Date: Jun 2012 Posts: 178

Quote:

Originally Posted by GazzyB123

Most encouraging thing if legit is confirmation of a potential deal with PS...

Genius level thinking. Not happening, though. Sorry.

07-02-2012 , 01:09 PM

#88

bizzle03

adept

Join Date: Aug 2006 Posts: 1,000

Quote:

Originally Posted by Tom V

Confirmed by US Attorney's office - we'll have a story up soon

What?

07-02-2012 , 01:09 PM

#89

LiquidSw0rd

journeyman

Join Date: Aug 2010 Posts: 346

commmmoooonnnn

07-02-2012 , 01:09 PM

#90

FishyOnADishy

journeyman

Join Date: Jul 2011 Posts: 247

Quote:

Originally Posted by 28renton

How on earth could someone convince Ray Bitar, a rich guy who's safe from extradition (I believe), to turn himself in? He could have lived out the rest of his life in (relative) freedom with loads of money, yeah? Could it be true he does actually want to see players paid back? Could it be true he does actually have a conscience?

All-you-can-eat premium lobster now served in the pokey?

07-02-2012 , 01:10 PM

#91

Joe Tall

Carpal \'Tunnel

Join Date: Apr 2003 Posts: 16,925

Quote:

Originally Posted by Professionalpoker

Hope it is true but so far no other confirmation. OP's only other post:
http://forumserver.twoplustwo.com/29.../#post32767261

I was about to post the same link. And note, that news was broken WELL before any other site published about it and PStars ended up making that Corporate blog post (which was edited into the OP.)

07-02-2012 , 01:10 PM

#92

yank333

journeyman

Join Date: Jan 2009 Posts: 232

I can't wait for OP's next thread.

07-02-2012 , 01:10 PM

#93

Ditch Digger

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 9,989

Quote:

Originally Posted by bizzle03

Yet they let him spell PokerStars as two words?

I think it's probably just an oversight especially since Full Tilt is two words.

07-02-2012 , 01:10 PM

#94

A_Schupick

Micros Bad Cop

Join Date: Mar 2009 Posts: 8,271

Quote:

Originally Posted by Joe Tall

The OP is allegedly an insider and it hasn't been reported yet. Also, Poker is not big news, especially online poker.

Pretty much this.

07-02-2012 , 01:13 PM

#95

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,506

Quote:

Originally Posted by Glitlr

the thing about "monthly salaries"...this doesn't mean ftp payouts right?

i know for a fact that upon approval of releasing funds there is a max wait period of 90 days (but no min). this was a DOJ stipulation for closing the deal with bernard tapie.

Monthly salaries does not mean payouts obv. And yeah it would be no later than 90 days after the deal closes that everyone would have to legally have their money returned.

Quote:

Originally Posted by Tom V

Confirmed by US Attorney's office - we'll have a story up soon

Waiting to see pic of Bitar attempting to shove a lobster down his throat while being hand cuffed by the Feds.

07-02-2012 , 01:14 PM

#96

bizzle03

adept

Join Date: Aug 2006 Posts: 1,000

"The United States Attorney’s Office for the Southern District of New York confirmed to eGR that Bitar had returned to the US from Ireland, and that he had given himself up for arrest by the Federal Bureau of Investigation (FBI)"

http://www.egrmagazine.com/news/brea...us_authorities

"More to follow..."

07-02-2012 , 01:15 PM

#97

Stickit69r

journeyman

Join Date: May 2009 Posts: 236

ONE TIME

07-02-2012 , 01:16 PM

#98

NoMeansYes_

Pooh-Bah

Join Date: Aug 2006 Posts: 3,509

07-02-2012 , 01:17 PM

#99

antneye

Carpal \'Tunnel

Join Date: Mar 2006 Posts: 7,119

Quote:

Originally Posted by Byrung

"Annie Duke really a man"

I lol'd.

But why would he choose such an obvious story...this guy is not into stating the obvious. He's the next Woodward and Bernstein all rolled into one.