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Black Friday: Ray Bitar Surrenders to U.S. Authorities

Tags: fbi, full tilt poker, pocket kings, ray bitar, surrenders.
Posted on 03 July 2012 by "T".

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.

Ray Bitar sent the following e-mail to all Full Tilt's employees in Dublin, Ireland after surrendring to the U.S. authorities.

"To all Dublin Staff,

By now you probably have heard that I have returned to the US to deal with civil and criminal case that are pending against me in New York. We have all worked hard over the last 15 months to preserve Full Tilt's assets and potential in order to provide for the repayment of all players, and that continues to be our top priority. It is as important as ever that we all do everything possible to make that happen and, hopefully our deal with Poker Stars will very soon make our goal a reality. My return to the US is part of this process.

I am particularly grateful to all of you here in Dublin for your hard work, patience and understanding during this difficult time. I believe that your hard work and dedication should not go unrecognized, and we have made arrangements for Poker Stars to guarantee all July salaries. You should therefore have no concern about coming to work during this period. After that, we expect that your employment contracts will be assumed by the buyer of the company's assets.

For those that need to reach me, I expect to continue to be available by email and phone starting late Monday, New York time.

In the meantime, please refer any operational questions to REDACTED, and any HR questions to REDACTED.

Thank you all again.

Kind regards,

Raymond J Bitar"


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8 comments on "Black Friday: Ray Bitar Surrenders to U.S. Authorities"

 Karmelita03/07/2012 15:49:25 GMT
that is what greedness does
 mrjoecoool03/07/2012 16:00:56 GMT
bubba is waiting for you in your new jail cell. ray have fun, bubba enjoys fresh meat.
 doomdy03/07/2012 16:03:18 GMT
Posted by mrjoecoool:
bubba is waiting for you in your new jail cell. ray have fun, bubba enjoys fresh meat.

LMAO Big Smile Big Smile Big Smile Big Smile Big Smile Worship Worship Worship Worship Worship
 noonlion03/07/2012 18:40:55 GMT
Look at the guy - he's like Jabba the Hut's slug cousin. Piece of work.

Looks like PS is well and truly on the way to owning poker - that's mega mega, hope to goodness this whole FTP dies down and the players get their money, that's all that matters really.
 pochui03/07/2012 19:00:30 GMT
well we will see how this turns out- but even if man gets jail- probably he knew what he was doing, the risk he was taking, and maybe he even accepted his role as the guy who takes all the responsibility and then after some awesome holiday in jail he will take his lump of cash and live happily ever after
 damosk03/07/2012 21:58:01 GMT
There has to be more to this event than we will all get to know. Pochui is probably clsoe to the point. There has to be something in it for someone....whatever that may be...who knows. But once and for all the whole sorry state needs to be resolved and everyone move on.
 DaMessiah66603/07/2012 22:32:24 GMT
Great news but they were given by B1gfoot and schmoyster yesterday. I haven't changed my mind about this topic: go to jail and give my money back!
 Fakiry04/07/2012 12:25:49 GMT
I can’t understand why did Ray Bitar gave himself to the police? To try to pass less time at the prison? That would only worked if he had gave himself in the same day of the acusation, not now. About the letter, we have to remember that, if he is going to jail, someone else will be in charge, which means there can be a readjustment of the objectives and of the top priorities. But, at least, Pocket Kings’ workers received a letter saying they will have their salaries paid in July. The problem is that letter was written from someone who doesn’t belong to the company which is allegedly responsible for doing that payment.

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