This popular online poker room has recently been sued by the government of the United States for fraudulent activities involving money laundering as well as illegal gambling. The website was seized, and all activities within the online poker room were stopped. The players’ accounts were also frozen that they were not able to withdraw their money. Of course, this led to many complaints against Full Tilt Poker. Right now, they are facing a class action lawsuit filed by their previous players.
The Class Action Lawsuit
Last Thursday, the 30th of June 2011, four players filed a class action lawsuit against Full Tilt Poker. The case was filed in New York, in the U.S. District Court of Southern District of New York, by Robin Houghdal and Steve Segal together with Todd Terry as well as Nick Hammer. They also filed the complaint on behalf of other players who are also affected by what happened. The plaintiffs stated that, had it not been for the widespread scheme (such as money laundering as well as bank and wire fraud and illegal gambling) by Full Tilt Poker to pour more money into their own pockets, they, the players and other players of Full Tilt Poker, would not have suffered any injury.
The players are demanding that the online poker room give their players’ funds back to them. Aside from the return of their funds, they are also demanding for subsequent damages. The claim is for over $150 million.
The players filed a complaint against all companies that consist of the Full Tilt Poker. All in all, nine companies as well as corporate entities have been included in the complaint. Aside from this, the players also filed a complaint against more than a dozen people who are closely related to the online poker room. Among them are Nelson Burtnick as well as Raymond Bitar. Several members of Full Tilt Poker have also been included in the complaint. The list includes the following people Patrik Antonius as well as Phil Ivey. It also includes Chris Ferguson as well as Phil Gordon and Gus Hansen. It also has Howard Lederer, Erik Seidel, and John Juanda. It also named Allen Cunningham and Erick Lindgren as well as Andy Block and Jennifer Harman-Traniello as well as Mike Matusow.
These names have been named for the very reason that they are a member of the said online poker room and have been a shareholder of Full Tilt Poker itself and/or the other companies owned by the same company. These people also represent Full Tilt Poker room.
Full Tilt Poker to be Sold
Together with this class action lawsuit against Full Tilt Poker was the news that Full Tilt Poker was going to be sold to a group of investors coming from Europe. There is talk that, as soon as this takes place, all the players will get their players’ funds back.