Update: FTP Payouts Outsourced by US Government?

Aug 14, 2012
Update: FTP Payouts Outsourced by US Government?
End August due date for applications of companies ready to deal with the payout organization

It has been reported this week that the US Department of Justice has called on qualified companies to come forward and organize the payouts of owed FTP players – a service for which they'll be paid.

The DoJ issued an employment notice on its website, for an independent Claims Administrator who will deal with the process of Full Tilt Poker payment to players.

In the notice, the body states that with some 1.3 million "potential US victims", the project involves the payout of remaining account balances in the amount of $159 million. It also requires the applicants to possess adequate qualifications, and to provide information on proposed fees, along with details of any previous relationships that could influence independence in processing remission payments.

Further on, the employment invitation reads: “The successful applicant will work with the DoJ's Southern District of New York and the Asset Forfeiture and Money Laundering Section… to design and execute a process to solicit, receive and evaluate claims, and to process payments, for losses incurred by U.S. victims that are attributable to the fraud alleged. In so doing the Claims Administrator will obtain and evaluate information, such as financial transaction records, from claimants, and analyze information contained in user account records provided in database and other format by Full Tilt Poker.”
General Poker News Poker Society News Back to articles

Live Activity Feed


idnever was commenting on site

ca Jan 09, 21, 10:01:29 PM

"Je reviens avec plus de patien..."

Full Tilt Poker
57 4282
Sep 17, 18, 09:09:08 AM

Tanja Euschen claimed a poker bonus

de Nov 10, 20, 03:11:01 AM
100% First Deposit Poker Bonus Sign Up Bonus

Tanja Euschen claimed a poker bonus

de Nov 09, 20, 08:11:23 PM
£20 ($32) Bonus Package No Deposit
48 2905

Cupi25 rated a site

gb Jun 02, 20, 04:06:32 AM
57 4282

Dzile10 was commenting on article

rs Feb 05, 20, 02:02:27 PM

"Great article ones again!"

Max Evans' Hi-Lo Country
1 1567
Jan 24, 20, 02:01:15 PM

Hopandgofetchit was commenting on site

us-tx Nov 15, 19, 06:11:21 AM


Sportsbetting Poker
1 2708
Apr 06, 16, 09:04:11 PM

lpb activities in the last 24 hours