Monday, 3 October 2011

Ponzi scheme accused Full Tilt Poker's license revoked (Reuters)

(Reuters) – Online poker site, Full Tilt Poker, which U.S. federal prosecutors have accused of running a Ponzi scheme, had its gambling license revoked by Alderney Gambling Control Commission (AGCC), the gambling regulator said on Thursday.In a statement released on Thursday, the AGCC revoked Full Tilt Poker's license accusing it of seriously breaching AGCC regulations which included false reporting, unauthorized provision of credit and failing to report material events.The commission said

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