The U.S. Federal government has frozen over $30 million in payments owed to 27.000 online poker players.
According to the Poker Players Alliance, prosecutors from the U.S. attorney for the Southern District of New York have required four banks, including Citibank and Wells Fargo to freeze funds in accounts belonging to two companies, Allied Systems and Account Services, that are used to process payouts from the poker sites.
The four offshore poker sites affected, include Full Tilt Poker and PokerStars.
In a letter dated Friday and faxed to Alliance Bank of Arizona, the prosecutor said that accounts held by payment processor Allied Systems Inc. are subject to seizure and forfeiture "because they constitute property involved in money laundering transactions and illegal gambling offenses." The letter was signed by Arlo Devlin-Brown, the assistant U.S. attorney for the Southern District of New York.
In another letter faxed the same day, Devlin-Brown asks that the bank treat the funds "as legally seized" by the FBI, saying that the government has probable cause that the gambling payments of U.S. residents had been directed to offshore illegal Internet gambling businesses.
Have you been affected by this? Let us know, join the discussions on our forums.
Up to 30% Rakeback + €1000 Bonus
Up to 70% Rakeback + None Bonus
Up to 22.2% VIP Rakeback + $500 Bonus
Up to 30% VIP Rakeback + $600 Bonus
Up to 30% Rakeback + $1000 Bonus
Up to 27% Rakeback + $1000 Bonus