Friday, 30 November 2012
The shadow of Black Friday has almost lifted off Rafe Furst as a settlement with the US authorities now means he’s absolved from any further prosecution.
After submitting a settlement paper to the Southern District Court of New York, Furst received news that it had been accepted pending payment of any outstanding money.Scanning the legal document reveals that the records will show Furst assumes no wrongdoing for his part in the activities at Full Tilt. Moreover, he maintains that throughout his time with the company he was unaware of any illegal activities or wrongdoing.Furst has also been banned from working or being involved in any way with an internet gambling company in the US. On top of this he is required to pay back at least a portion of his $11,706,323 Full Tilt proceeds (although it’s as yet unclear exactly how much), as well as an extra $150,000 which has been classed as “additional funds”. This money will be used to help repay those with money still locked up in Full Tilt.Assuming that Furst makes good on the payments he can expect the civil case against him to be dropped and the matter settled.While Furst has successfully put the situation behind him, both Howard Lederer and Chris Ferguson have yet to have their settlements finalised and accepted. To read the full settlement, click here.
Juicy Stakes and Intertops Poker will hold their special May Day online poker tournament with a guaranteed $2,000 in the prize pool on May 1 and players are being offered the chance to qualify from Monday to April 30 via a series of satellites.
The Easter holidays are now upon us and Juicy Stakes and Intertops Poker are celebrating by holding a pair of special online poker tournaments.
Juicy Stakes and Intertops Poker will be launching their three-stage Vegas Milli Maker tournament series from tomorrow offering players the chance to win a prize package to compete in the upcoming Millionaire Maker event at the 48th annual edition of the World Series Of Poker (WSOP) in Las Vegas.
Intertops Poker and Juicy Stakes are about to kick off three-stage online satellite tournament series that are promising to award winners with prize packages to compete in the upcoming European Poker Championship in Velden, Austria.
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