Founders of the US’ three largest internet poker companies are among 11 people charged by FBI with bank fraud, money laundering and gambling offences that resulted in billions of dollars in illegal profits. The FBI has indicted founders of PokerStars, Full Tilt Poker and Absolute Poker, who face up to 20 years in prison if convicted.
Poker site operators Raymond Bitar and Nelson Burtnick of Full Tilt Poker; Isai Scheinberg and Paul Tate of Poker Stars; and Brent Beckley and Scott Tom of Absolute Poker were all charged with violating the 2006 Unlawful Internet Gambling Enforcement Act and other laws. Others charged were Ryan Lang, Bradley Franzen, Ira Rubin, Chad Elie and John Campos.
The indictment and civil complaint seek three billion dollars in money laundering penalties and forfeiture from the poker companies and the defendants.