The Garden City Group was appointed this March by the US Attorney’s Office Southern District of New York to administer the compensation of Full Tilt Poker players in the United States. After news surfaced that the procedure might take much longer than anticipated, the GCG finally announced that claims can be posted through a dedicated website from 16 September, 2013.
However, several parties, including well-known professionals might not see a cent as compensation, according to the latest news. Poker Players Alliance Vice President Rich Muny has recently posted a letter from the GCG, in which the group lists those ineligible for reimbursement, with the comment that he had been unable to get GCG confirm or deny the news. The forwarded letter reads as follows:
“The following persons are excluded from the Remission process and are not eligible for payment from the Full Tilt Poker ("FTP") Fund:
i. A past or present employee of FTP or any of its past or present affiliates;
ii. A past or present vendor of FTP that received compensation through FTP players' accounts;
iii. A past or present Team Full Tilt player;
iv. A past or present shareholder of FTP, Tiltware LLC, Kolyma Corporation A.V.V., Pocket Kings Ltd., Pocket Kings Consulting Ltd., Filco Ltd., Vantage Ltd., Ranston Ltd., Mail Media Ltd., or Full Tilt Poker Ltd.;
v. A past or present officer or director of FTP, Tiltware LLC, Kolyma Corporation A.V.V., Pocket Kings Ltd., Pocket Kings Consulting Ltd., Filco Ltd., Vantage Ltd., Ranston Ltd., Mail Media Ltd., or Full Tilt Poker Ltd. or any of their past or present affiliates;
vi. A defendant in any civil action or a claimant in any forfeiture action brought by the Department of Justice related to the violations alleged in this action, or any related action (or any of his or her affiliates, assigns, heirs, distributees, spouses, parents, children, or controlled entities); and
vii. A person who, as of the Petition filing deadline, has been the subject of criminal charges related to the violations alleged in this action, or any related action (or any of his or her affiliates, assigns, heirs, distributees, spouses, parents, children, or controlled entities).”
However, several parties, including well-known professionals might not see a cent as compensation, according to the latest news. Poker Players Alliance Vice President Rich Muny has recently posted a letter from the GCG, in which the group lists those ineligible for reimbursement, with the comment that he had been unable to get GCG confirm or deny the news. The forwarded letter reads as follows:
“The following persons are excluded from the Remission process and are not eligible for payment from the Full Tilt Poker ("FTP") Fund:
i. A past or present employee of FTP or any of its past or present affiliates;
ii. A past or present vendor of FTP that received compensation through FTP players' accounts;
iii. A past or present Team Full Tilt player;
iv. A past or present shareholder of FTP, Tiltware LLC, Kolyma Corporation A.V.V., Pocket Kings Ltd., Pocket Kings Consulting Ltd., Filco Ltd., Vantage Ltd., Ranston Ltd., Mail Media Ltd., or Full Tilt Poker Ltd.;
v. A past or present officer or director of FTP, Tiltware LLC, Kolyma Corporation A.V.V., Pocket Kings Ltd., Pocket Kings Consulting Ltd., Filco Ltd., Vantage Ltd., Ranston Ltd., Mail Media Ltd., or Full Tilt Poker Ltd. or any of their past or present affiliates;
vi. A defendant in any civil action or a claimant in any forfeiture action brought by the Department of Justice related to the violations alleged in this action, or any related action (or any of his or her affiliates, assigns, heirs, distributees, spouses, parents, children, or controlled entities); and
vii. A person who, as of the Petition filing deadline, has been the subject of criminal charges related to the violations alleged in this action, or any related action (or any of his or her affiliates, assigns, heirs, distributees, spouses, parents, children, or controlled entities).”
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