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(EMAILWIRE.COM, September 29, 2011 ) New York, NY -- Full Tilt Poker was a Ponzi scheme, rather than legitimate poker business, according to federal prosecutors. Justice Department attorneys stated, in a revised civil Full Tilt Poker Ponzi lawsuit, that the internet poker company illegally raided customer accounts to finance business operations and make extravagant payments to owners. In light of the allegations of a Full Tilt Poker Ponzi scheme, Class Action.org has posted information regarding the case to help customers of the Internet poker site understand their legal rights in regard to recovering the money frozen in their online gambling accounts. If you could not withdraw money from your Full Tilt Poker account, visit http://www.classaction.org/full-tilt-poker.html today and complete the free, no obligation "Report a Complaint" form to find out if you have legal recourse to seek compensation for the return of funds still owed to you by Full Tilt Poker.
Full Tilt Poker informed its customers that their funds were safe and would not be touched, reportedly making statements that the accounts would be “segregated and held separately from our operating accounts.” However, according to the revised Full Tilt lawsuit, the company regularly used these accounts to pay board members and company owners. Furthermore, according to the Full Tilt Poker Ponzi lawsuit, the company used cash from some players to pay winners on the site. Authorities claim that, as of March, the poker site owed $390 million to players, but only had $60 million in its bank accounts.
If you were a customer of Full Tilt Poker and were unable to get the money out of your account, you may have legal recourse. Potentially, account holders who experienced Full Tilt withdrawal problems may be able to participate in a Full Tilt class action to seek recovery of their funds. To find out if you are eligible for a class action in light of the Full Tilt Ponzi allegations, visit Class Action.org today. The attorneys working with the site are providing this consultation at no cost and with no obligation to all customers who were unable to get their money back from their Full Tilt Poker accounts.
About Class Action.org
Class Action.org is dedicated to protecting consumers and investors in class actions and complex litigation throughout the United States. Class Action.org keeps consumers informed about product alerts, recalls, and emerging litigation and helps them take action against the manufacturers of defective products, drugs, and medical devices. Information about consumer fraud issues and environmental hazards is also available on the site. Visit http://www.classaction.org today for a no cost, no obligation case evaluation and information about your consumer rights.
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