The US Department of Justice (DoJ) has filed amended its complaint yet again, this time targeting Howard Lederer, former member of Full Tilt Poker’s board of directors.
In its amended complaint against Lederer, the DoJ has listed out his properties and sought to seize them. Besides, it has leveled many more charges against him. Making a list of Lederer’s activities from 2006 to the days after the Black Friday of online poker, the DoJ alleges that more than $44 million “associated with criminal conduct” were credited to bank accounts that Lederer could access. Around $3 million from these accounts was paid to Merlin Contracting and Development, which had constructed Lederer’s house in Las Vegas. The complaint also states that around $7 million was paid from the same accounts to various companies associated with the construction of Lederer’s house. The DoJ has also made a list of six properties, which Lederer allegedly purchased with funds obtained from Full Tilt Poker.
The DoJ also alleges that Lederer purchased a 2008 Audi Q7, a 2008 Maserati GranTurismo, and a 2009 Audi A8, in 2008. Susie, Lederer’s wife, purchased a 1965 Shelby Cobra from a dealer in California and had spent a considerable sum of money repairing the car.
The amended complaint also says, “On or about June 30, 2011 (more than two months following the unsealing of the federal indictments), Howard Lederer purchased a black, 2012 Audi A8-L…from Desert Audi.”Apparently, Lederer traded in his Audi A8 and got credit from the Maserati to purchase this vehicle. The DoJ also accuses Lederer of crediting several retirement and investment accounts with funds obtained from Full Tilt Poker.
If these allegations are proved true in court, the DoJ can seize all the property listed above and slap a forfeiture fee of $42.5 million on Lederer.
The complaint also lists properties purchased by Ray Bitar, chief executive officer of Full Tilt Poker. However, the DoJ has not mentioned the names of Rafe Furst and Chris Ferguson in its amended complaint.
Besides, the amended complaint accuses Ray Bitar and Howard Lederer of wire and bank fraud, illegal gambling, attempting to conspire, money laundering, and attempting to cheat Full Tilt Poker’s real money players. The DoJ has also accused the men of violating the Travel Act of 1952, which makes it illegal to use foreign and interstate travel in racketeering enterprises.
Neither Lederer nor his legal representatives have made any response to these allegations yet.