2011 September 22 Poker News, Events and Happenings
What did Full Tilt Poker’s lawyers say about the troubled company?
Full Tilt Poker: This week, prosecutors in New York alleged that Full Tilt was not a legitimate company but a global Ponzi scheme that defrauded thousands of online players of hundreds of millions of dollars.
The operators of online gambling site Full Tilt Poker, charged with running a $440 million Ponzi scheme by federal authorities, say what happened to them was simply mismanagement, not a scam.
The top of the Global Poker Index remained the same this week, while Shawn Buchanan made his debut in the top ten. Also, Will Failla and Vanessa Selbst are making a push to be there next week.
The 2011 World Poker Tour Borgata Poker Open’s Day 4 play is underway, with the most recent champion on the WPT, Legends of Poker winner Will “The Thrill” Failla, looking to make history by winning back to back WPT events.
Check out the results from the WSOP Circuit Horseshoe Bossier City, including the latest National Championship qualifiers.
Entering into its fourth day, there have not been any decisions announced in the hearings between the Alderney Gambling Control Commission (AGCC) and the shuttered Full Tilt Poker, leaving the status of what used to be the second largest online poker company in the industry in the lurch.
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