Full Tilt Pros Possibly Targeted By US Grand Jury
April 5, 2022
Just one day after Easter and it appears Jesus could be in trouble again.  Chris “Jesus” Ferguson (that is), as well as Howard Lederer and other well known Full Tilt Poker Pros, may be under investigation from a Manhattan Grand Jury, according to a recent article in London’s Financial Times (FT), and could soon be formally accused of money laundering and the breaking of US gambling laws.

Though neither the Manhattan District Attorney’s office, nor any of the lawyers representing Lederer or Ferguson, seem currently willing to talk about this possible investigation or whether one even exists, the Financial Times claims, “FBI agents or prosecutors have spoken to at least two people involved in disputes with Full Tilt, paying special attention to the possibility of money-laundering violation...”

Both Lederer and Ferguson have long been suspected of owning large percentages of Full Tilt Poker- as well as having a say in day-to-day operations- and unlike the company itself which resides offshore, both are US residents making them convenient targets if the Government chooses to make an example of Full Tilt once the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) finally goes into effect this June- as many believe it will.

As one of only a handful of online poker companies to continue to accept US players after the original passing of the UIGEA, the people behind Full Tilt Poker are use to being on the forefront of the debate over online poker’s legality in America, however this may be one of the first times where many of the high profile pros that represent the company have been targeted by the Government- though they have been named in civil suits in the past including the highly publicized one from former Full Tilt pro Clonie Gowen.  According to Professor Nelson Rose who was quoted in the FT article- the standard go to expert on all things gambling law related- there may be some logic behind the Government making such a move.  “They are waging this war of intimidation,” Mr Rose said. “There are not a lot of good statutes, so they go after high-profile targets and try to intimidate everybody.”

For more information on this story check out the full Financial Times article by clicking here.
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