DOJ Says Its Hired Hand In Full Tilt Poker Remission Process Will 'Begin Work' in JanuaryHowever Government Gives No Other Information To Victims |
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The black box let a ray of light in today.
The Department of Justice has just announced that early next year the wheels will begin turning for Americans to be reunited with some portion of their $159 million in Full Tilt Poker funds.
In a “Victims Update,” the government stated:
The United States Attorney’s Office for the Southern District of New York is evaluating applicants for the position of Claims Administrator to handle petitions for remission for U.S. victims of the alleged fraud that Full Tilt Poker committed relating to player funds. The United States Attorney’s Office expects that the Claims Administrator will be selected and begin work in January 2013.
There is no timetable on how long it will take this private sector group to assist the United States government in compensating victims of the Full Tilt nightmare.
About 1.3 million people, potentially, will be able to seek compensation.
There is also no information on the cost of the remission process or where such a fee would come from. In other words, it’s unclear if it will cost you anything to get your money.
The government has already received $225 million from PokerStars, as part of the $731-million total settlement brokered earlier this year.
The Poker Players Alliance met with the feds last week to reiterate that balances should be returned at 100 percent. The PPA said it was given nothing back on the issue.
Former U.S. customers of Full Tilt have been without access to their accounts since April 2011.
Follow Brian Pempus on Twitter — @brianpempus
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