4/15 – Major Poker Websites Lose All Their Chips in Fed Sting

Eleven people, including the founders of three of the largest online poker companies doing business in the U.S, have been charged in the latest crackdown on Internet gambling by U.S. authorities. Those charged Friday include the founders of online poker websites PokerStars, Full Tilt Poker, and Absolute Poker. The charges include bank fraud, money laundering and online-gambling offenses. Representatives of PokerStars and Full Tilt Poker didn’t immediately respond to requests for comment Friday. Contact information for Absolute Poker couldn’t immediately be located. Federal authorities also have filed restraining orders against 76 bank accounts in 14 countries allegedly associated with the poker companies and others as a part of a separate civil forfeiture action. They are seeking at least $3 billion in civil money-laundering penalties and forfeiture, according to WSJ.

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