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Full Tilt Poker Begins Reimbursing Poker Players

In a statement provided to ABC News, Full Tilt Poker announced that anyone affected by the recent seizure of player funds via its Instant eCheck platform have had this money reimbursed to their accounts.

"In light of recent events involving the freezing of certain accounts, Full Tilt Poker would like to assure all players that their funds remain safe and secure," spokeswoman Michele Clayborn said in the statement.

"All players who were affected by the current situation have had their funds returned to their accounts," the statement said. David, the World Series hopeful, said he had been reimbursed by PokerStars and given an additional 10 percent credit.

He used his own savings to buy into the World Series and will use the winnings from his championship game online to pay himself back as soon as he gets them, he said.

The federal government had frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players, including Full Tilt Poker and PokerStars.

Documents obtained by the AP show that a magistrate judge in the district issued a seizure warrant last week for an account at a Wells Fargo bank in San Francisco, and that a federal prosecutor told Alliance Bank to freeze accounts.  Warning letters were also sent to other banking institutions via a federal prosecutor implying the funds were being used for "money laundering transactions". 

While Full Tilt Poker claims that monies were reimbursed to players accounts, there was no immediate confirmation by players that this is the case.  PokerStars customers are reporting they have not yet been reimbursed. 

Christopher Costigan, Gambling911.com Publisher 

Comments

Still havent been reimbursed

I withdrew money from Full tilt when all this happened and have contacted them twice about and all I get is messages saying they are looking into it. It's BS

Full Tilt Withdrawl

I had the same thing happen to me. I withdrew $500 and got the check, but it wasn't good. Before I could E-Mail Fulltilt, they put the funds back into my account along with a $100 bonus. Now the thing which concerns me the most is that I won the daily double the other day, and have just cashed out $2000. Fulltilt claims that the cashout problem is fixed and my money is on the way, but how do I make sure it actually is. All of this greatly concerns me and I am starting to lose faith that money won from poker on Full Tilt will be able to be paided to US customers

Full Tilt has reimbursed me

I had recently had Full Tilt mail me a $200 check from some of my on-line winnings. This check was cashed, but our bank account said that the money was returned, and the bank charged us a $19 fee. (It wasn't our fault that the check didn't clear, and yet WE were charged???) When we called the bank to challenge this and figure out what was going on, they said that they had never seen this error code before, and this particular teller had been a bank teller for many years. We are still looking into getting our $19 back. I did check my account on Full Tilt, and yes, indeed, they did reimburse my $200, PLUS an extra $100 for my troubles, I would imagine. What I'm concerned with is that I have over $300 sitting in my Full Tilt account, but so what? If I can't withdraw it, what good is the money?

Your deposits never had any

Your deposits never had any problem getting cashed. Last year it took 2 months to get 1k from Full Tilt, this sounds like everyone involved is screwed thank you Pres Obama

LOL

Why is it always Obama's Fult?

LOL, how long did you think

LOL, how long did you think the government was going to continue to let this go on? Forget it, your money is gone. The house of cards is crumbling down down down. good bye.

Land of the Free

We all have the right as Americans to entertain ourselves. I enjoy playing poker online. Some of the games I play are for very minimal amounts....yet it's more fun if I win a measly 10.00 instead of just playing for fun. There is a lot of money spent on those 900 commercials offering phone sex and I am personally offended by them especially when my children are watching the TV with me. I tape shows on Tivo and late night sex commercials are not something I want to watch with my children sitting beside me....yet the government doesnt seem to do anything about that multidollar industry! Our lawmakers have their hands in the wrong issues if you ask me. There time would be better spent chasing down the people who abuse the system and use up all my future social security and tax money!!!! Lisa Massachusetts

Cards crumbling down? lol

The federal government let what go on? People playing cards? OMG what is next no solitaire!?

Full Tilt

I have yet to receive my money from an E-Check withdrawl that was approved on 5/30/09. I am not even sure if I am involved in this whole mess. Full Tilt keeps replying to my email stating my funds were already processed to my bank and may take 10 -15 business days. My question was about this transfer and if it was frozen by the DOJ. Also, Full Tilt has begun taking e-ckeck deposits again.

Reimbursements From Full Tilt, PokerStars

Gambling911.com would like to know once you've had money reimbursed into your betting accounts at either Full Tilt Poker or PokerStars if you were affected by the eCheck US Gov freeze. Feel free to post here under GUEST. This will help us to keep better tabs. I'm not seeing a whole lot of discussion anywhere about people whose checks bounced getting money back outside of having fees reimbursed and, in some cases, bonuses added. I'm glad to see they are taking those measures since this is an inconvenience to players, and no fault of the players.

pokerstars echeck cashout

i have not yet been reimbursed by pokerstars. they send an email about once every 12 hours informing me of the same useless information. i have no doubt that i will get my money back one way or another but as far as how long it may take, i have no idea

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