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Thursday, 22 September 2011 - Full Tilt Poker rejects Ponzi allegations: lawyer |
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The vehicle, developed at the city's Free University, negotiated traffic lights and intersections with the help of cameras and a laptop.  Video  New fashion for online designer stores Netflix streams more than customer complaints Holiday battle begins with “Gears 3” Follow Reuters Facebook Twitter RSS YouTube Read Victim's son objects as Texas sets execution in hate crime death | 10:45am EDT Texas set to execute man in race-motivated dragging death 10:59am EDT Georgia condemned man's polygraph request denied | 4:37pm EDT R.E.M "call it a day" 3:22pm EDT Netflix, Discovery in streaming deal for TV shows | 2:14pm EDT Discussed 132 Obama to propose $3 trillion in deficit cuts 76 Geithner’s ”succinct” message irks Europeans 54 New York meetings open to avert Palestinian crisis Watched Self-driving car takes to the road Tue, Sep 20 2011 Human skin strengthened with spider silk can stop a bullet Tue, Sep 20 2011 Scarlett's naked pics, Tyler Perry is highest paid Wed, Sep 14 2011 Full Tilt Poker rejects Ponzi allegations: lawyer Tweet Share this Email Print Related News REFILE-Online poker woes spill over into Ireland 1:33pm EDT U.S. calls online poker site a "global Ponzi scheme" Tue, Sep 20 2011 Perry targeted by rivals in Republican debate Tue, Sep 13 2011 Analysis & Opinion Tech wrap: Google+ now open to the masses Full Tilt Ponzi Related Topics U.S. » Technology » NEW YORK | Wed Sep 21, 2011 3:59pm EDT NEW YORK (Reuters) - A lawyer for Full Tilt Poker rejected on Wednesday allegations made by federal prosecutors that the company and its board of directors operated the company as a global Ponzi scheme. "I disagree strongly with the allegation that FTP operated as a global Ponzi scheme," said Jeff Ifrah, an attorney based in Washington. "FTP may have made mistakes, but I have seen no evidence to support the DOJ's characterization of it as a global Ponzi scheme." U.S. prosecutors announced new allegations on Tuesday in its probe of the Full Tilt Poker website, accusing the company of paying its directors more than $440 million while defrauding its players. Full Tilt was first charged in April along with two other Internet poker companies. The case is USA v Pokerstars, et al, U.S. District Court for the Southern District of New York, No. 11-02654. (Reporting by Andrew Longstreth; editing by Andre Grenon) U.S. Technology Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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