Full Tilt poker tycoon arrested by FBI

The gambling tycoon who ran the world’s second largest online poker site from servers in Guernsey has surrendered to the FBI just over a year after the Full Tilt internet address was seized by America’s top white-collar crime prosecutor and the business effectively shut down.

Ray Bitar, chief executive of the Full Tilt group, was arrested on landing at JFK airport. He faces nine charges including bank fraud, money laundering, wire fraud and operating an illegal gambling business — via redwolf.newsvine.com

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