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Full Tilt Poker is Claiming New Process Look

Written By: Samantha A. | December 13, 2016 | Posted In Poker News

Flashdraw.net is stating that the remissions process for the poker players who had their poker funds frozen in what was known as the Full Tilt Poker Black Friday scandal has been successfully completed. The Garden City Group or GCG which is the Full Tilt Claims administer that was appointed by the government states that each and every petition that was filed for reimbursement by the players has been processed.

There have been a total of nine batches of payments to the former US based Full Tilt poker player customers, the first of these nine occurred in the month of February in the year of 2014, this is close to three years after the poker players deposits were frozen or even disappeared.  This first Batch of payment that went out in 2014 was by far the largest sum reimbursed to players.  But yet the GCG had much more work that needed to be completed after that, as more and more petitions kept coming in, records that were incomplete needed to be fixed, as well as many changes to policies that drew a line between who could and who could not receive their money back.  Reported by Flushdraw the amounts as well as the number of accounts that were reimburses each group of payments that were sent out were as follows:

In February of 2014 – 27,500 accounts were reimbursed for the total amount of 76 million dollars.

In April of 2014 – 2,200 accounts were reimbursed for the total amount of 5 million dollars.

In June of 2014 – 3,200 accounts were reimbursed for the total amount of 14 million dollars.

In September of 2014 – 600 accounts were reimbursed for the total amount of 1.8 million dollars.

In March of 2015 – 3,500 accounts were reimbursed for the total amount of 2.8 million dollars.

In June of 2015 – 4,000 accounts were reimbursed for the total amount of 4 million dollars.

In November of 2015 – 2,000 accounts were reimbursed for the total amount of 5.7 million dollars.

In March of 2016 – 1,180 accounts were reimbursed for the total amount of 2.6 million dollars.

In November of 2016 – 1,000 accounts were reimbursed for the total amount of 2.6 million dollars.

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