More Full Tilt Poker Money Coming From Feds
Remission Process Is Now 94-Percent Complete
Money is still being returned to customers of the former Full Tilt Poker that was shut down by the federal government in early 2011.
The group hired by the feds to help facilitate the return of funds to victims said earlier this month that it was informed by the Department of Justice Asset Forfeiture and Money Laundering Section that another round of payments have been approved.
Nearly 1,200 more people will see $2.6 million in total returned.
The remission process began in 2014, and it has taken so long because, in part, many people have disputed what they were told was in their Full Tilt Poker account when the site closed down.
According to Garden City Group, the third party claims administrator, 94 percent of all petitions filed to reclaim Full Tilt Poker money have so far resulted in payment.
“GCG continues to work with the Department of Justice to evaluate the remaining petitions,” the group said in a press release. It added that it is still sending notification emails to victims who have deficiencies in their petitions. The deadline to submit a petition was late last year.
Since the remission process began in early 2014, roughly $112 million has been returned to victims of the site. According to the federal government, $159 million was stolen from Americans.
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