
Ray Bitar was forced to surrender $40 million after pleading guilty to charges related to his time as CEO at Full Tilt, but avoided a harsh prison sentence.
Poker pro Allen Cunningham says that former Full Tilt CEO Ray Bitar is struggling with health issues and hasn’t been residing the high life at all since his sentencing a year ago, despite what some poker fans may think. Those comments came in the middle of a TwoPlusTwo.com forums thread discussing the details of the assets that Bitar was forced to forfeit as part of his punishment for crimes regarding their time as head of the poker site that is infamous.
‘According to my sources Ray Bitar is unlikely to live no more than a couple years and it is nearly penniless,’ Cunningham composed in a reply to the ‘conspiracy theorists’ who advised that Bitar faked his heart problems to get a more lenient deal last 12 months. ‘He did not break free with anything. That should be worth more than a nvger that is random gossip when I ended up being member of group complete tilt.’ [sic]
Guilty of Comprehensive Tilt Charges
Bitar had been sentenced April that is last to served after pleading guilty to costs of unlawful Internet gambling and conspiracy to commit bank fraud and wire fraudulence. That sentence additionally included the forfeiture of $40 million in assets that were produced by his work at Full Tilt. During the time, Judge Loretta A. Preska n [Read more...]