Absolute Poker Claims Administration

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.

• Absolute Poker Claims Administration Guidelines
• Absolute Poker Claims Administration Definition
• Absolute Poker Claims Administration Rules
• Absolute Poker Claims Administration

The purpose of this email is to confirm that you have successfully entered your banking information for the Absolute Poker Claims Administration. If you have any questions please contact the Claims Administrator by calling toll free at (855) 907-3254, or emailing us at Info@AbsolutePokerClaims.com. Thanks, Absolute Poker Claims Administrator. The Absolute Poker Claims Administration will operate a claims swtor augment slots process for clients of Absolute Poker/Ultimate Bet who, like clients of Full Tilt Poker, were unable to withdraw absolute poker news 2019 funds that they had transferred to Absolute Poker/Ultimate Bet. Absolute Poker represents the third of three online poker hosts that have to settle claims made by plaintiffs in class action lawsuits. All three online poker companies conspired with payment processors to steal funds from unsuspecting online poker players. Absolute Poker agreed to a class action settlement in July of 2013.

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.

Absolute Poker Claims Administration Guidelines

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.

A rather sweet plea deal was reached between Absolute Poker co-founder Scott Tom and federal prosecutors that allows the former poker site owner to avoid a felony conviction and instead plead guilty to just one misdemeanor count in the Black Friday case that still reverberates throughout online poker six years later.

Absolute Poker Claims Administration Definition

Tom's criminal record will be blemished with merely being an accessory after the fact to the transmission of wagering information and not the felony money laundering and illegal gambling charges under which he was indicted in 2011. The former AP honcho has also agreed to forfeit property obtained in conjunction with his illegal maneuverings.

Absolute Poker Claims Administration Rules

And Then There Was One

Sentencing for Tom is set for September 28 in the US District Court for the Southern District of New York. Two years behind bars is the maximum penalty he can receive from US Magistrate Judge Barbara C. Moses, but probation is also a consideration.

Absolute Poker Claims Administration

Tom is one of 11 defendants snared in the Black Friday case that prevented the top three poker rooms in the world from continuing operations in the US. Hundreds of players have since been forced to relocate abroad in order to play online poker at PokerStars and other leading sites.

Of those 11 defendants, 10 have now been been brought to justice, with PokerStars co-founder Isai Scheinberg remaining as the lone fugitive.

AP/UB Claims Deadline Extended

Absolute Poker and sister site UltimateBet are the only Black Friday poker sites in which players have not received their outstanding account balances. A remission process for those players was announced by the DoJ in April after it was determined that plenty of funds remain from the Full Tilt remission process.

AP and UB players originally had only until June 9, 2017 to file claims in the matter, but that deadline has been extended to September 7 for reasons unexplained by claims administrator Garden City Group. In all likelihood, the extension will also cause repayment to take longer, much to the chagrin of players who filed petitions and have been waiting more than six years to be made whole.