Citadel Funds Seized by U.S. DoJ
By Joe Zusman | May 29, 2007
It had been a while since the U.S. Department of Justice had laid its grubby paws on poker players’ online funds, but it happened again this month.This time, it was Citadel Commerce which had $9.25 million seized.
Citadel and its parent company, ESI Entertainment systems, originally made an announcement regarding the funds at the end of April, saying that one of its financial transaction processors had frozen some merchant funds.Two weeks ago, additional information was released, as it appears that those frozen funds were then seized by the U.S. DoJ.No reason was given as to the seizure, but it is obviously related to the anti-online gambling witch hunt.
The funds supposedly do not belong to customers, but, rather Citadel merchants.$941,000 of the $9.25 million belongs to Citadel Commerce itself.
One day, one day, we will actually be able to play a simple card game in peace.
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