Payment processor linked to PokerStars reaches $13.3M settlement with Feds

Peter Amsel
August 18, 2010
6 Comments

Payment-Processor-SettlementAhmad Khawaja and his associated payment processing companies, Allied Wallet and Allied Systems, have reached a $13.3M civil forfeiture settlement with the US federal prosecutors. The funds were originally seized by the FBI in June 2009 as being “proceeds of the illegal transmission of gambling information and operating an illegal gambling business.” PokerStars was ultimately linked to the seized funds, but a representative of the company says it “does not condone efforts by processors to conceal the nature or purpose of funds used to play online poker.” Read more.

If you have any further information related to this story that you would like to share with us privately please click here.

Can't get enough CalvinAyre.com? Follow us on Twitter and Facebook, then you'll never miss out on the latest gaming industry news.

Share
Tags: Ahman Khawaja, Allied Systems, Allied Wallet, Article, civil forfeiture, PokerStars
Views and opinions expressed are those of the Author and do not necessarily reflect those of CalvinAyre.com
  • http://CalvinAyre.com Calvin Ayre

    I think its unfortunate when any country uses its criminal justice system to swing competitive advantage away from some companies and towards others. This is not what criminal law was designed for.

    It is nice to see Forbes getting their heads out of their ass and reporting the news more in line with their stated pro business philosophy. Forbes has been reminding me of Pravda when it came to gaming related stories the last few years.

  • http://CalvinAyre.com Calvin Ayre

    I think its unfortunate when any country uses its criminal justice system to swing competitive advantage away from some companies and towards others. This is not what criminal law was designed for.

    It is nice to see Forbes getting their heads out of their ass and reporting the news more in line with their stated pro business philosophy. Forbes has been reminding me of Pravda when it came to gaming related stories the last few years.

  • http://CalvinAyre.com Calvin Ayre

    I think its unfortunate when any country uses its criminal justice system to swing competitive advantage away from some companies and towards others. This is not what criminal law was designed for.

    It is nice to see Forbes getting their heads out of their ass and reporting the news more in line with their stated pro business philosophy. Forbes has been reminding me of Pravda when it came to gaming related stories the last few years.

  • Jillia_tracy

    The PPA will pursue every legal course available to ensure that poker players' funds are not seized and their right to play poker online is protected.

  • Pingback: Stories that dominated online gambling in 2010 (Part 2)

  • Pingback: More bank accounts seized in US war on online poker eCom