“Our 1.2 million members are shocked and outraged. Many players cannot get access to their money. It is a confusing and concerning time for our members.”-John Pappas, executive director of the Poker Players’ Alliance
Players can’t get their money because the online poker company’s bank accounts have been frozen.
Executives from online companies like PokerStars, Full Tilt Poker and Absolute Poker have been indicted by the U.S. Attorney General’s office for bank fraud, money laundering, illegal gambling and other crimes.
Three defendants were arraigned in federal courts in New York and Utah. Eight other defendants remain at large, and Interpol (international police) thinks they’re in Costa Rica, Ireland and the Isle of Man.
Costa Rica is the capitol of online gambling soliciting gamblers in the United States and around the world. Prosecutors are seeking U.S.$3 billion in assets from the three companies and have seized, or frozen, 76 bank accounts in 14 countries.
The Unlawful Internet Gambling Enforcement Act, made it illegal to accept or process payments in connection with “unlawful” Internet gambling, but did not define what “unlawful” gambling was. This is the second time arrests have been made under the new law.