Online Poker Payment Processor Misrepresented Transactions

Written by:
C Costigan
Published on:
Online Poker Payment Processor Indicted

As Gambling911.com continues to obtain information related to today's big news that Douglas Rennick, an Internet gambling and online poker payment processor has been indicted, we are learning that the US Government claims he misrepresented the transactions as those coming from "large retailers" and "auto dealerships".

Ironically, Account Services, named in the indictment, filed a Motion for the return of property after funds were seized by the U.S. Attorney's Office for the Southern District of New York last month.

Gambling911.com first broke the story this morning regarding the indictment of Douglas Rennick.  The U.S. Attorney's Office followed with an official press release 45 minutes later.

You can read the indictment in its entirety here 

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