| US Department of Justice to Outsource Full Tilt Poker Payment Process |
The US Department of Justice confirmed that it is set to outsource the payment process for players that are owed money by Full Tilt Poker.An advert has appeared on the US Department of Justice’s website asking for any parties interested in the role of Independent Claims Administrator and carrying out the process of paying funds owed to players left out of pocket by Full Tilt Poker.
The advert revealed that the number of players owed money by Full Tilt Poker could be as high as 1.3 million and that the total amount of money owed to these players could be as high as $159 million. The funds are available and are currently being held by the US authorities as part of an agreement signed with PokerStars in a recent deal that will see the leading poker site take over Full Tilt Poker operations.
The advert also stated that any parties interested in the role will need to hold the necessary qualifications and furnish information on proposed fees as well as any previous or current relationships with those that might be owed money.
It was also stated that even though the position will be outsourced, the role will involve the successful party working with the US Department of Justice’s Southern District of New York as well as the Asset Forfeiture and Money Laundering Section so that they can “design and execute a process to solicit, receive and evaluate claims, and to process payments, for losses incurred by U.S. victims that are attributable to the fraud alleged. In so doing the Claims Administrator will obtain and evaluate information, such as financial transaction records, from claimants, and analyze information contained in user account records provided in database and other format by Full Tilt Poker.”
Further details regarding this outsourcing are expected in the coming weeks and it is hoped that the position can be filled as soon as possible in order to get the repayment procedure to those owed money by Full Tilt Poker underway as quickly as possible.
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