Nearly nine years after the United States federal government charged him with bank fraud, money laundering, and illegal gambling, PokerStars founder Isai Scheinberg has surrendered to U.S. authorities.
According to a Forbes.com article, Scheinberg travelled from Switzerland to New York City on Friday, January 17 and was met by federal agents who took him into custody. According to the article, this was the culmination of negotiations between Scheinberg, 73, and the U.S. government which began when an extradition order was sought after Scheinberg travelled to Switzerland months earlier.
Scheinberg founded PokerStars in 2001. Following the passing of the Unlawful Internet Gambling Enforcement Act in 2006, PokerStars continued to accept American customers and soared to become the largest online poker site in the world. On April 15, 2011 the U.S. Attorney’s Office for the Southern District of New York seized the PokerStars.com domain name and charged Scheinberg and other executives from Full Tilt Poker, and Absolute Poker.
PokerStars eventually re-acquired the domain name and continued to operate outside of the United States. In 2012, the company paid the U.S. government $731 million to settle a civil lawsuit the government had brought against the company. As part of that settlement, PokerStars acquired the assets of Full Tilt Poker and ...
read more (pocketfives)
According to a Forbes.com article, Scheinberg travelled from Switzerland to New York City on Friday, January 17 and was met by federal agents who took him into custody. According to the article, this was the culmination of negotiations between Scheinberg, 73, and the U.S. government which began when an extradition order was sought after Scheinberg travelled to Switzerland months earlier.
Scheinberg founded PokerStars in 2001. Following the passing of the Unlawful Internet Gambling Enforcement Act in 2006, PokerStars continued to accept American customers and soared to become the largest online poker site in the world. On April 15, 2011 the U.S. Attorney’s Office for the Southern District of New York seized the PokerStars.com domain name and charged Scheinberg and other executives from Full Tilt Poker, and Absolute Poker.
PokerStars eventually re-acquired the domain name and continued to operate outside of the United States. In 2012, the company paid the U.S. government $731 million to settle a civil lawsuit the government had brought against the company. As part of that settlement, PokerStars acquired the assets of Full Tilt Poker and ...
read more (pocketfives)
