Sunday, May 22, 2011

Affiliate warning - FBI Sting firm 4 largest Sites of online Poker game

I've long warned to stay away from Gambling, RX and other dicey affiliate programs who are, or may in the future, be under the control of the Government.

Friday, the FBI seized and closed the web sites of PokerStars, Full Tilt Poker UB.com and sites of absolute Poker, the largest poker sites online 4. The charges were reportedly bank fraud, laundering money and illegal game of offences. Apparently, even customers can't get their money from the fact that the sites are arrested.

I believe that all these companies have affiliate programs. They need you money? I am curious to know if they will be able to pay affiliates, if they have the money remaining after heavy fines. I assume that their bank accounts and other assets have been frozen in too.

FBI seizes online poker sites. Funds of clients on lockdown.

The final result? Sites are shuttering as have bank accounts 76 in 14 countries. The parties concerned are faced with fines up to $ 3 billion in fines for money laundering. In addition, all the defendants face up to 5 years and in some cases up to 30 years in prison as the maximum sentences for their alleged crimes.

I am curious to know if companies have sent emails to affiliates on the situation. If you hear anything that is related to the affiliate, please post in the comments.

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