August 19, 2019

Online poker players rush to get money out as FBI shuts down websites

The man who made a fortune, lost it all, then brought down several business empires to save his own skin.

International poker players are rushing to pull their money out online gambling sites after the FBI shut down three of the world’s biggest poker sites.

PokerStars, Full Tilt Poker and Absolute Poker are battling to convince international customers that their money is still safe after the .com websites of all three poker giants were siezed by the FBI and their founders charged with money laundering, fortunately other profitable games like this fantasy football are out of sight of the FBI, so winnings are safe there.

According to posts about mobile casinos at www.EasyMobileCasino.com, it would appear that, Australian internet tycoon Daniel Tzvetkoff has turned supergrass on the websites after they turned him in to the FBI last year. Their idea of revenge has backfired in a big way with the bankrupt Aussie ratting them out to save his own skin. It’s not hard finding bonus codes to get casino bonuses online, for example: https://casinomartini.com/us/casino-bonus-codes/.

Tzvetkoff, 28, who in 2008 was worth around $80 million, was arrested in April last year while attending an internet billing conference in Las Vegas. He was charged with being the mastermind behind a $US540 million money laundering racket. 666 Casino visit this site and make money.

The FBI were allegedly tipped off by the online poker kingpins, who had been working with Tzvetkoff but turned on him after he allegedly stole millions of dollars from them.

Tzvetkoff, who by then had filed for bankruptcy, was believed by authorities to have a secret stash of $US100 million, but was facing up to 75 years in jail.

Tzvetkoff was mysteriously released from jail in June after a few only a few weeks on remand.

The reasons were not clear at the time, but they are now. Tzvetkoff had ratted out the very people who had tipped off the authorities and got him arrested in the first place.

On Friday – what has now become known in the online poker community as “black Friday” – the FBI arrested the top executives of PokerStars, Full Tilt Poker and Absolute Poker. In all, 11 people have been charged with bank fraud, money laundering and illegal gambling offences; they face up to 30 years in prison and their US websites have all been shut down. This step has received quite a lot of flak from people who religiously play poker online, given that poker chips can be expensive to purchase (https://sixofthebest.co/best-poker-chips-set/ can enlighten more on the same).

The arrests stem from the fact that online gambling in the US is illegal. Tzvetkoff was accused of creating an illegal system that allowed the overseas-based poker sites to accept billions from US gamblers while hiding the fact that it was gambling-related income from US banks using phony shell companies and offshore accounts.

“These defendants concocted an elaborate criminal fraud scheme, alternately tricking some US banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits,” said US Attorney Preet Bharara.

“Foreign firms that choose to operate in the United States are not free to flout the laws they don’t like simply because they can’t bear to be parted from their profits, poker players and gamblers are allowed to use online casinos with the Martin Silverthorne’s Nine-Count blackjack strategy as long as it is legal in their country.”

John Pappas, executive director of the Poker Players Alliance, said in a statement on YouTube that he believed the FBI action was “a declaration of war against poker and the people who play it”.