PokerStars Online Poker Payment Processor Nailed: Will Forfeit $13 Mil

Written by :

C Costigan

Published on :

17 August, 2010

Gambling911.com has learned that a payment processor for the world’s largest online poker room, PokerStars, has settled with the US Attorney’s Office out of New York. This story is developing.

PREET BHARARA, the United States Attorney for the Southern District of New York, and JANICE K. FEDARCYK, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (FBI), announced today that two payment processors -- ALLIED WALLET, INC. and ALLIED SYSTEMS, INC. -- and their owner AHMAD KHAWAJA entered into a settlement agreement requiring them to forfeit $13,335,248.91 to resolve civil forfeiture claims alleging that the funds are property involved in money laundering. The civil forfeiture Complaint filed in Manhattan federal court earlier today also alleges that the funds are traceable to proceeds of the operation of an illegal gambling business and traceable to property used to operate an illegal gambling business.

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