Feds Crack Down On Poker Websites For Fraud

Law360, New York (April 15, 2011, 7:07 PM EDT) -- Federal prosecutors in New York on Friday charged the founders of the three largest poker websites and eight others with bank fraud and money laundering in a scheme to get around U.S. laws banning online gambling.

In an indictment unsealed in the U.S. District Court for the Southern District of New York, the 11 men attached to the PokerStars, Full Tilt Poker and Absolute Poker websites allegedly planned to funnel billions of dollars in credit card payments from U.S.-based players to nonexistent merchants to bypass the...
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Case Information

Case Title

USA v. Tzvetkoff et al

Case Number



New York Southern

Nature of Suit

Date Filed

April 15, 2010

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