Poker news tagged with 'fbi'

A third ex-member of the Winnebago Tribal Council has pleaded guilty to his role in stealing from the tribe’s casino located in Iowa.

According to reports, Charles Aldrich entered the plea on Monday in the US District Court in Omaha.

The indictment shows that the unlawful distribution of funds to these ex-council members came via the issuance of gift cards by the casino and prepaid debit cards that the casino supposedly paid for. The gift cards totaled $87,000, and the debit cards contained an overall sum of $240,500 – all of which were stated in the casino’s records as ‘miscellaneous administrative expenses’.Read more » Third ex-tribal leader member pleads guilty in stealing from casino

In case you missed our article on July 16, Paul "MalACEsia" Phua and another seven people were arrested by FBI agents at Caesars Palace in Las Vegas about 2 weeks ago for allegedly taking part in an illegal betting operation. Las Vegas Review-Journal, the site that broke the news, released more information on the case yesterday.

Read more » Phil Ivey's $1m Bail Bid Failed To Free Paul "MalACEsia" Phua

On January 17, 2014, a former Oklahoma City bookie was sentenced to 27 months in a federal prison for illegal gambling and money laundering. Teddy Mitchell pleaded guilty in July last year to hosting illegal poker games in his house and running a Costa Rica-based Internet business that accepted illegal sports bets.

Read more » Oklahoma City Bookie Speaks Out on His Wife's Murder

On Tuesday, New York Times, NBC  and other major newspapers reported that FBI agents had made arrest and implemented search warrants in New York City, the metro area and other places in the United States in connection with an illegal gambling ring operated by Russian organised crime.

Read more » Illegal Gambling Ring Busted

According to The U.S. Attorney's Office for the Southern District in New York, Ray Bitar returned to USA and gave himself up to the FBI on Monday.

Bitar, the CEO of Pocket Kings, the parent company of Full Tilt Poker, is facing 5 charges for his role at Full Tilt Poker, including money laundering, illegal gambling business etc.

Read more » Black Friday: Ray Bitar Surrenders to U.S. Authorities

Ira Rubin, a 53-year-old businessman in financial transactions, has in an agreement with a court in New York pleaded quilty to several crimes related to Black Friday (the day when FBI and DOJ closed down Full Tilt Poker, PokerStars etc).

According to the Department of Justice (DOJ), Rubin has deceived banks into transferring gaming funds so it wouldn't look like the money came from gambling. The potential max penalty for Rubin's crimes is 80 years in prison. But since he had some kind of agreement with the court, experts believe that he will get less than 2 years.

Almost a week has now passed since F.B.I. and the Department of Justice closed down PokerStars, Full Tilt Poker and Absolute Poker due to suspicion of bank fraud, illegal gambling offenses and laundering millions billions in illegal gambling proceeds etc. Yesterday, the 2004 World Series of Poker Champion Greg Raymer went on Fox Business to discuss Friday's poker indictment.

Read more » 2004 WSOP Champion on FOX Business