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Poker Payment Processor Indicted

(2 posts)
  • Started 10 months ago by Skallagrim
  • Latest reply from Eric Blade

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  1. Skallagrim
    State Director & Moderator
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    As many of you have now read, the payment processor involved in the recent Department of Justice Seizure of money designated as withdrawals to poker players was just indicted by the DOJ+.

    Everyone, this indictment is a significant step by the DOJ, and seems to indicate that resolution through litigation rather than negotiation is likely. The PPA's legal team has analyzed the contents of this indictment, and while we are still at work, there are some preliminary points to be made:

    1. This indictment represents a major change in strategy for the
    government . They have moved away from allegations that online poker is
    illegal and more towards traditional fraud theories. The thrust of the
    indictment is that the defendant committed Bank Fraud by failing to
    provide information to the Banks about the nature of the processing
    that Account Services was doing. It does not ever allege that the
    processor violated UIGEA or the Wire Act in processing online poker
    transactions. Moreover, it is unclear how the bank fraud statute even
    applies since there is no allegation that the bank suffered any loss at
    all.

    2. The only charge in the complaint related directly to illegal
    gambling alleges that the defendant violated federal gambling law
    because he conspired with others to facilitate online poker and casino
    games in violation of New York law. But New York law is not violated
    by games of skill. We believe the indictment includes reference to
    "casino games," because the prosecutor knows that he cannot prove that
    online poker, by itself, violates New York law.

    3. The grounds specified in the indictment are not the same grounds
    upon which the prosecutor relied in seizing the assets in the first
    place. The seizure warrants did not rely on a charge of Bank Fraud as a basis
    for the seizure. Accordingly, it is unclear whether these new charges
    can support the continued seizure of the accounts that contained
    player's money. We will press that point to the best of our ability in
    the pending California action.

    4. Nowhere in the indictment does the government allege that the
    defendant has a personal interest in the seized funds. As we have
    argued before, the money seized was player money. This
    indictment does not explain how the government can seek to forfeit
    these funds, especially since it is clear these funds did not "belong" to the defendant.

    5. The PPA is fully committed to continuing its efforts, through litigation in California
    and otherwise, to obtain the return of the seized funds on behalf of
    the players.

    And remember, although both cases are important, the criminal case against Mr. Rennick operates under very different rules than the forfeiture case against the funds. Although the two cases are related, they are far from the same.

    Patrick "Skallagrim" Fleming
    PPA Litigation Support Director

    A full copy of the indictment will be up on this site shortly.

    Until then you can get a copy here: http://www.gambling911.com/images/pd...Indictment.pdf

    Posted 10 months ago #
  2. Wow. This seems, somehow, like great news. That may just be that it's 4:38am, though.

    Posted 10 months ago #

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