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UK Players of Full Tilt Advised to Call Police

Written By: PokerNet.com | January 10, 2012 | Posted In Poker News

UK Players of Full Tilt Poker were advised by the site’s former regulator to call the police. Those players who were owed by the gaming company should take the matter further in the hands of the law protectors. The Alderney Gambling Control Commission stated that since the license of Full Tilt had come to an end, the company had no authority to intermediate or arbitrate on player issues and disputes.

However, it was confirmed by the online poker company that the complaints that they had received and will receive in the future would be forwarded to the police. Although it was not advised for customers to simply send the company wronged messages, they should, instead, approach the police separately if they felt like being victims of a crime.

Since June, the website of the online poker company had been inaccessible to UK players. That was the time when the commission suspended its license following a prosecution on April 15, Black Friday. Since then, the shutting down of Full Tilt and other two huge poker sites, PokerStars and Absolute Poker has been dubbed as “Black Friday”. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) were the ones that shut down the site. The reason was because Full Tilt Poker did not act in accordance with the law. The findings of the special investigation were not released publicly. It was the AGCC that withdrew all the licenses and ordered the company to suspend its operations.

The memo AGCC released didn’t state any specifics regarding what the UK players could get out of reporting to the police. There was a deal made between French investigator Groupe Bernard Tapie (GBT) and the US Department of Justice regarding the losses of the players that they can benefit from, but the deal wasn’t clear.

Although the latest news gathered from the deal said that the deal included transferring assets. If that would be implemented successfully, GBT would acquire Full Tilt from the DOJ for $80 million. The result would be the dismissal of civil complaints against the online poker site and the players owed by the company will hopefully get their money back shortly after the transfer.

AGCC’s foremost task was the supervision and regulation of its members that abides to strict international standards. All companies licensed by AGCC were permitted by the law to take advantage of the innovative hosting facilities and superior telecommunications networks on both Alderney and Guernsey. Alderney was the third largest of the Channel Islands and it sported its own government, legislature and company laws. Online gambling companies form in Alderney because of numerous advantages including a fiscal package that is most beneficial in offshore and onshore jurisdictions.

A year ago the Black Friday was devastating news for gamers and online poker companies alike but because of the recent change of the gaming prohibitions made by the DOJ, this would most likely change.

[Source: Online Casino Reports]

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