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PokerStars founders charged with finance offences

Sat, 16 Apr 2011


Founders from Isle of Man based PokerStars have been charged with finance offences in the United States.

 

11 people from three poker sites were charged with bank fraud, money laundering and illegal gambling, including Isai Scheinberg and Paul Tate from PokerStars.

 

The other two companies involved were taken offline by the FBI.

 

Those charged are accused of tricking banks in America to ensure the profits of illegal gambling were kept moving.

 

Prosecutors are seeking three billion dollars in money laundering penalties

 


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