PokerStars Online Poker Payment Processor Nailed: Will Forfeit $13 Mil

Submitted by C Costigan on

Written by :

C Costigan

Published on :

Gambling911.com has learned that a payment processor for the world’s largest online poker room, PokerStars, has settled with the US Attorney’s Office out of New York.  This story is developing.

PREET BHARARA, the United States Attorney for the Southern District of New York, and JANICE K. FEDARCYK, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (FBI), announced today that two payment processors -- ALLIED WALLET, INC. and ALLIED SYSTEMS, INC. -- and their owner AHMAD KHAWAJA entered into a settlement agreement requiring them to forfeit $13,335,248.91 to resolve civil forfeiture claims alleging that the funds are property involved in money laundering.  The civil forfeiture Complaint filed in Manhattan federal court earlier today also alleges that the funds are traceable to proceeds of the operation of an illegal gambling business and traceable to property used to operate an illegal gambling business.

Related Content

Katy Texas Poker Club Opens Less Than 24 Hours After Being Raided

Katy Texas Poker Club Opens Less Than 24 Hours After Being Raided

Four individuals were taken into custody and Texas police seized $118,000.
Top Trending Gambling News: Malik Beasley in Plea Negotiations?

Top Trending Gambling News: Malik Beasley in Plea Negotiations?

Top Trending: Malik Beasley - Lula Wins - Amanda Crafts - Texas 15 - Bobby Pulido - New York State Kalshi Subpoenas - Texas Poker Room Raided - 101 Poker Club in Katy
Armed Robbers Ambush Woman at Philadelphia Casino, Steal $4K

Armed Robbers Ambush Woman at Philadelphia Casino, Steal $4K

Police said the victim was walking to her car just before midnight on the third floor of the garage when four men approached her when one of the men held her at gunpoint.