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

07-02-2012 , 01:18 PM
Quote:
Originally Posted by bizzle03
"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..."
BS, its a pay news site just trying to drum up busniness by rehashing news
07-02-2012 , 01:19 PM
Quote:
Originally Posted by LamboMurc12
How does this OP get all his info
From Alexander Dreyfus.
07-02-2012 , 01:20 PM
Quote:
Originally Posted by DavidNB
BS, its a pay news site just trying to drum up busniness by rehashing news
I doubt they are lying about talking to the DOJ. To impute a false statement to the U.S. Attorney's Office would be no joke.

DM poster Tom V if you don't believe. I think he might have wrote the article?
07-02-2012 , 01:20 PM
Quote:
Originally Posted by NoMeansYes_
He may "collect" after going to jail, i.e. he may have cut a deal with PS whereby he'll risk a short jail term in return for a hefty payoff. Wild speculation of my part.
07-02-2012 , 01:21 PM
Quote:
Originally Posted by obviously.bogus
One interesting thing from the Bitar e-mail ...

Sounds like he has pre-negociated with DoJ and expects to *not* be in a prison cell.
Bail maybe.
07-02-2012 , 01:22 PM
Story for those who do not have a EGR subscription:

Full Tilt chief executive returns to New York to be arrested by the FBI.

Full Tilt Poker co-founder and former CEO Raymond Bitar has handed himself in to the US authorities in New York, eGaming Review has learned.

The TwoPlusTwo poker forum was the first to break the news, with a post purporting to be an internal email sent to Full Tilt staff based in Ireland by Bitar, in which he explained that he was to “return to the US to deal with civil and criminal case that are pending against me in New York,” and all but confirmed the stricken brand’s impending acquisition by former rivals PokerStars.

...

Last edited by Mike Haven; 07-02-2012 at 02:39 PM. Reason: Copyright issues
07-02-2012 , 01:22 PM
Quote:
Originally Posted by DavidNB
BS, its a pay news site just trying to drum up busniness by rehashing news
Being a pay site does'nt mean it's bs. They probobly just made a call that anyone could make and got the awnser.
07-02-2012 , 01:23 PM
07-02-2012 , 01:25 PM
EGR is very legitimate, it's real
07-02-2012 , 01:25 PM
I wonder how Jesus and Howie would react to Bitar being in the hands of the DOJ, and whether any 'deal' included info on the inner workings of FTP.
07-02-2012 , 01:27 PM
Quote:
Originally Posted by FishyOnADishy
I wonder how Jesus and Howie would react to Bitar being in the hands of the DOJ, and whether any 'deal' included info on the inner workings of FTP.
I hope they at least broke a sweat.
07-02-2012 , 01:27 PM
Reports that he will immediately make bail.....
07-02-2012 , 01:28 PM
Quote:
Originally Posted by KansasCT
op wins the internet
07-02-2012 , 01:30 PM
Link to updated docket:

http://postimage.org/image/rel5hvoit/full/
07-02-2012 , 01:30 PM
Quote:
Originally Posted by d1sc0nnec7ed
Um,

[ ] Works at Full Tilt/Knows someone who works at Full Tilt
[ ] Can predict the future.
[x] Ray Bitar in the flesh

Great news though.
FYP.
07-02-2012 , 01:31 PM
Wow one time
07-02-2012 , 01:31 PM
Numerous sources have told me to expect an announcement on July 2nd. Each source is a persona friend of Howard Lederer's, but I put no credence behind this "rumor" because each source assumed that the announcement would be that the Stars Deal would be completed today. These rumors started popping up 2 weeks ago.

Based on the above, I think Bitar turning himself in is most likely the truth. The Stars assumption from my sources was most likely a pipe dream, I always assumed that they were wrong which is why I havent said anything before now. Each source was a player, (which will remain nameless), a very loyal friend of Howards, and a former FTP pro.

Either way, this is major news. I hope it is a step in the right direction.
07-02-2012 , 01:32 PM
Allen Boston ftw.
07-02-2012 , 01:34 PM
@Kevmath: From an incredibly reliable source, the court document was updated with a sealed document placed in the vault. http://s18.postimage.org/ko4o8g1d5/U...nal_docket.jpg

SPECULATE! Is it the golden settlement?
07-02-2012 , 01:34 PM
Quote:
Originally Posted by *TT*
Numerous sources have told me to expect an announcement on July 2nd. Each source is a persona friend of Howard Lederer's, but I put no credence behind this "rumor" because each source assumed that the announcement would be that the Stars Deal would be completed today. These rumors started popping up 2 weeks ago.

Based on the above, I think Bitar turning himself in is most likely the truth. The Stars assumption from my sources was most likely a pipe dream, I always assumed that they were wrong which is why I havent said anything before now. Each source was a player, (which will remain nameless), a very loyal friend of Howards, and a former FTP pro.

Either way, this is major news. I hope it is a step in the right direction.
1x1x1x1x1x1x1x1x1x1x11x1x1x1x1x1x1x1x1x1x1x1x1x1x1 x1x1x1x1x1x1x
07-02-2012 , 01:35 PM
Why did he mention PS twice then say buyer of the company assets. Kind of like someone else will ultimately own FT.
07-02-2012 , 01:37 PM
Quote:
Originally Posted by Ditch Digger
Allen Boston ftw.
Blast from the past, thanks for that haha
07-02-2012 , 01:37 PM
Quote:
Originally Posted by andyg2001
Being a pay site does'nt mean it's bs. They probobly just made a call that anyone could make and got the awnser.
with in 60 minutes of a post on 2plus2 they comfrim it with DOJ? bull ****. They rewrite whats on 2P2 and throw in a bit more. This BS has been going on for 14 months. Wait for the DOJ to confrim it
07-02-2012 , 01:37 PM
hope his ******* gets destroyed in jail
07-02-2012 , 01:38 PM
I'm going to finally use my "one time" in hopes that he's flipping on Howard/Chris and the other clowns in exchange for reduced sentencing. There needs to be some real jail time served for what they did to the players.

      
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