POKERSTARS FOUNDER ISAI SCHEINBERG SURRENDERS TO US FEDERAL AUTHORITIES

On 27 January, Pokerfuse reported that Scheinberg, founder of global online poker giant PokerStars, had surrendered to federal authorities in New York.  He has been released on $1 million bail, after surrendering his passport.  He has been at large since a US indictment 9 years ago named him and others for alleged violations of US anti-gambling laws involving his online poker business.  However, in 2012, PokerStars (now no longer owned by Scheinberg) reached an agreement with the US DoJ.  Paul Tate, the other member of PokerStars charged under the Black Friday indictment, pleaded guilty in 2016 but served no jail time.  Scheinberg travelled voluntarily to the US from Switzerland, in the face of proposed extradition.  He is the last of 11 men to be apprehended following the unveiling of the 2011 indictment which targeted the 3 largest online poker sites of the time — PokerStars, Full Tilt Poker and Absolute Poker – the other individuals all faced their charges eventually.

https://pokerfuse.com/news/law-and-regulation/211165-pokerstars-founder-isai-scheinberg-surrenders-authorities/#

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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