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Business / Crimes / Internet21.09.2011

Full Tilt Poker is an Online Ponzi Scheme, Feds Say

All told, according to the government’s complaint, Full Tilt Poker owed $390 million to players worldwide, but had about $60 million in cash. Since 2007, the government claims Full Tilt Poker enriched its board members and owners with $443 million in payouts, while telling players they could withdraw from their accounts at will.