Full Tilt Poker cheated players out of $300 million, WSJ says
The U.S. Department of Justice accused celebrity poker players Howard Lederer and Christopher Ferguson and other executives who ran the Web site Full Tilt Poker of defrauding players of more than $300 million, The Wall Street Journal reported today.
The U.S. attorney in the Southern District of New York amended an earlier civil complaint to allege that the players and two other directors of Full Tilt Poker ran a Ponzi scheme, in which the individuals illegally paid themselves with funds that were deposited by players supposedly for safe keeping.
The Web site's domain has been seized by … Read more