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  1. #1
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    The Buzz is offline GPWA Gossip Hound
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    Default Lawyer says Ferguson close to settling with DOJ

    Chris Ferguson, a former face of Full Tilt Poker, had "very positive dialogue” with the Department of Justice, according to his lawyer. The 2000 Main Event champion expects to have his case settled early this year.

    From CardPlayer:

    In September, the United States Attorney’s Office in the Southern District of New York accused Ferguson, along with Howard Lederer, Rafe Furst and CEO Ray Bitar, of defrauding poker players out of $440 million.

    In the aftermath of the site’s shutdown, the French investment firm Groupe Bernard Tapie has been working toward acquiring the defunct business for $80 million. The DOJ has yet to confirm negotiations, but reports surfaced in the fall that an agreement has been reached.

    According to Imrich, Groupe Bernard Tapie’s deal with the DOJ is moving along.

    “Based on what Chris and I are hearing from the parties, the deal should be done within the first half, if not the first quarter, of this year,” Imrich said.
    Last edited by The Buzz; 1 February 2012 at 2:18 pm.

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    online-casino is offline Public Member
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    Hopefully, this will help people to eventually get their money back

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