Feds Extend Deadline For Absolute Poker Victims To File ClaimsPoker Players Now Have Until September |
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Victims of the defunct Absolute Poker and Ultimate Bet sites now have until Sept. 7, 2017 to file a claim for the government to give at least some of their money back.
The government, through a third party claims administrator, announced in April that the remission process would soon begin for former customers of Absolute Poker and its sister site.
According to the feds, Absolute Poker, founded in the mid-2000s, made some $500 million from Americans during its run. About $60 million worth of player money was lost when the site shut down in 2011.
The business was formed by a group of frat brothers from Montana.
Garden City Group, the claims administrator, said that it has emailed 1.2 million “potentially eligible victims” to let them know about the remission process.
If you are one of the victims, follow the instructions in the email or visit GCG’s website devoted to the remission—absolutepokerclaims.com. Information is also available at (855) 907-3254.
The previous deadline was June 9.
Absolute Poker settled with the feds in July 2013 and agreed to forfeit its assets.
Like Full Tilt Poker, Absolute Poker ripped off poker players by not maintaining funds sufficient to repay all of its customers.
The men behind Absolute Poker—Brent Beckley and Scott Tom—were charged over the business. Beckly spent a little over a year in prison, while Tom this month pleaded guilty to a misdemeanor charge and could avoid jail time. He will be sentenced in September.