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A forensic accountant who has been in communication with the US Department of Justice confirmed to Quadjacks.com Friday evening that the DOJ would erase any fines associated with an indictment against Full Tilt Poker as well as PokerStars and Absolute Poker, but only if they meet certain criteria.
The three companies were named in an indictment April 15 with officials from each organization charged with bank fraud and money laundering.
“Prosecutors will only go after the individuals (named) as long as the companies comply,” the accountant said. “The financial liability (for these companies) would be very slim.”
The civil charges would be dismissed but the criminal charges against named individuals would still be pursued.
The DOJ is seeking hundreds of millions of dollars in fines from all three companies.
PokerStars appears to already be in compliance, having left the US market and paying back all players. UB.com / Absolute Poker along with Full Tilt Poker have also exited the US market but are yet to pay back US players.
- Chris Costigan, Gambling911.com Publisher
