Feds: Full Tilt Poker site was Ponzi scheme, customer accounts looted of millions

September 20, 2011 at 9:56 am in The Daily Republic

NEW YORK – (AP) An Internet poker company that was blocked from operating in the U.S. in the spring as part of an online gambling crackdown was “not a legitimate poker company, but a global Ponzi scheme,” federal prosecutors said Tuesday.

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