Ray Bitar Runs Out of Optionsby Brendan Murray | Published: Sep 01, 2012 |
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When rolling the dice and playing with monopoly money, one is always at risk of pulling the dreaded, “Go directly to jail, do not pass go” card. Full Tilt Poker’s chief executive officer Ray Bitar infamously printed monopoly money and credited it to the accounts of U.S. poker players and it was a final throw of the dice for a man who saw the writing on the wall. It took a while, over a year, but Bitar finally drew the Community Chess card and went to jail. The beleaguered, on-the-run executive threw in the towel at the beginning of July and flew to New York form Ireland to hand himself in to authorities. Upon his arrival he was served with a new indictment which saw the possible jail term he might serve increase to 145 years. He spent a week under lock and key awaiting bail which he eventually made ...
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