Catch up on stories from the past week (and beyond) at the Slashdot story archive

 



Forgot your password?
typodupeerror
United States

Submission + - Full Tilt Poker a Ponzi Scheme? (myfoxphilly.com)

OverTheGeicoE writes: The US Government's battle against online poker is escalating. The US Justice Department on Tuesday accused poker celebrities Howard 'The Professor' Lederer and Christopher 'Jesus' Ferguson and other executives of Full Tilt Poker of defrauding poker players out of more than $300 million. Their Web site was allegedly a Ponzi scheme: 'the government alleges Full Tilt executives misrepresented to the website's players that the money the company was supposed to be holding in player accounts was safely held when it was actually being used for other purposes, including owner profits.'
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Full Tilt Poker a Ponzi Scheme?

Comments Filter:

Is it possible that software is not like anything else, that it is meant to be discarded: that the whole point is to always see it as a soap bubble?

Working...