A large number of people were affected by the old management team of Full Tilt Poker. Currently, the US government is in the process of refunding Full Tilt Poker players though Garden City Group (GCG), a company recruited by the US Department of Justice (DoJ) to handle Full Tilt Poker claims. So far, over 23,500 Full Tilt Poker victims have filed their claims online.
Besides, GCG says that it has sent email notification to around 1.4 Full Tilt Poker victims, who are eligible to file claims. The firm published an update on October 1 at FullTiltPokerClaims.com, which stated: “We are pleased to report that the Remission Process is now well underway. All told, GCG has sent over 1.4 million email notifications to Full Tilt Poker (“FTP”) players, and in response GCG has already received over 23,500 Petitions through the online filing system.”
Further, the firm stated that it has completed its process of sending email notifications. Advising Full Tilt Poker victims who did not get an email notification from the GCG, the firm said that they are free to contact the company and supply their email address so that the company can give them their control number and petitions. The company further stated: “To the extent GCG has been provided with physical mailing addresses, we will be sending postcards to petitioners whose emails were returned as undeliverable in the next few weeks.”
On September 16 and 17, GCG sent email notifications to all Full Tilt Poker victims considered to be eligible to file claims. The firm drew up this list of victims based on data provided by Full Tilt Poker. All ex Full Tilt Poker players who feel that they are eligible to file claims are required to do so before Nov 16, 2013.
Full Tilt Poker got into trouble with the feds when they cracked down on major online poker rooms on April 15, 2011, a day that came to be known as Black Friday. Later, federal prosecutors accused Full Tilt Poker of being a Ponzi scheme. The federal government charged several individuals associated with Full Tilt Poker, including Ray Bitar, Howard Lederer, Chris Ferguson, and Rafe Furst, on several counts of money laundering, bank fraud, illegal gambling, and others. All of them have succeeded in solving their legal problems. According to federal prosecutors, the old Full Tilt Poker management robbed loyal players of their poker deposits, diverting major parts of it for their personal use.