Ex-Full Tilt Poker CEO To Plead Guilty In Fraud Case

Law360, New York (April 8, 2013, 7:07 PM EDT) -- Full Tilt Poker's former CEO intends to plead guilty in a federal criminal case alleging he defrauded customers and violating U.S. laws on online gambling, his lawyer said Monday.

Raymond Bitar has reached a plea agreement with prosecutors, lawyer Jack F. Baughman of Paul Weiss Rifkind Wharton & Garrison LLP said at a conference before U.S. District Judge Loretta Preska.

Bitar may plead from California, where is he currently, because he requires a heart transplant, Baughman indicated.

“It’s a very unusual situation,” Baughman said. “We’ve been...
To view the full article, register now.



Case Information

Case Title

USA v. Tzvetkoff et al

Case Number



New York Southern

Nature of Suit

Date Filed

April 15, 2010

Law Firms

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.