Say it ain’t so Howard. The DOJ has said they are convinced that Full Tilt Poker was essentially operating as a “ponzi scheme” for the last few months. The DOJ has clearly stated Ray Bitar, Howard Lederer and Christopher “Jesus” Ferguson used player funds to pay themselves over $100 million!
Here’s the breakdown:
- Raymond Bitar paid $41 million
- Howard Lederer paid $42 million
- Chris Ferguson was allocated $87 million and paid at least $25 million