North American Court confiscates goods of Ray Bitar
Ray Bitar could lose more than $ 40 million in property and investments!
This month Ray Bitar had established an agreement with the Department of Justice of the United States of America not to be arrested for needing a heart transplant (Bitar will not survive another year without a transplant, and he did not get a donor if he is in jail) this agreement implies Ray Bitar plead guilty.
The final hearing for a decision on the agreement took place on the 19th of this month having been made by videoconference as the average condition of Ray bitar not allowed him to travel to New York, Bitar had to answer various charges such as bank fraud, money laundering and violation of the UIGEA (Unlawful Internet Gambling Enforcement Act of 2006).
As a result of the hearing on the 19th April, the Justice Department of the United States ordered on the 23th April the confiscation of all assets of Ray Bitar, these assets including his properties and investments totaling about 40 million dollars!
And while all this happens the American players are still waiting to recover the money they had in their accounts of Full Tilt Poker, expect that this is becoming quite long with already more than 2 years!