This is some of the info put out by the dept of Justice-
PREET BHARARA, the United States Attorney for the Southern District of New York, and JANICE FEDARCYK, the Assistant-Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced the unsealing of an Indictment today charging eleven defendants, including the founders of the three largest Internet poker companies doing business in the United States – PokerStars, Full Tilt Poker, and Absolute Poker (the “Poker Companies”)- with bank fraud, moneylaundering, and illegal gambling offenses.
The United States also filed a civil money laundering and in rem forfeiture complaint (the “Civil Complaint”) against the Poker Companies,their assets, and the assets of several payment processors forthe Poker Companies. In addition, restraining orders were issuedagainst more than 75 bank accounts utilized by the PokerCompanies and their payment processors, and five Internet domainnames used by the Poker Companies to host their illegal pokergames were seized.
Manhattan U.S. Attorney PREET BHARARA said: “Ascharged, these defendants concocted an elaborate criminal fraudscheme, alternately tricking some U.S. banks and effectivelybribing others to assure the continued flow of billions inillegal gambling profits. Moreover, as we allege, in their zeal
to circumvent the gambling laws, the defendants also engaged inmassive money laundering and bank fraud. Foreign firms thatchoose to operate in the United States are not free to flout thelaws they don’t like simply because they can’t bear to be partedfrom their profits.”