Grand jury investigation
On April 5, 2010, the Financial Times reported that a federal grand jury in Manhattan is investigating Full Tilt Poker and individuals associated with the company, including Howard Lederer and Chris Ferguson, for violations of gambling and money-laundering laws.[23] Although neither the Manhattan United States Attorney nor officials with the United States Department of Justice would comment on the matter, it was reported that such an investigation “would fit the federal law enforcement strategy by trying to make an example out of prominent targets”.[23] The Department of Justice maintains that online poker violates the Interstate Wire Act of 1961 (Federal Wire Act).[23]
On April 5, 2010, the Financial Times reported that a federal grand jury in Manhattan is investigating Full Tilt Poker and individuals associated with the company, including Howard Lederer and Chris Ferguson, for violations of gambling and money-laundering laws.[23] Although neither the Manhattan United States Attorney nor officials with the United States Department of Justice would comment on the matter, it was reported that such an investigation “would fit the federal law enforcement strategy by trying to make an example out of prominent targets”.[23] The Department of Justice maintains that online poker violates the Interstate Wire Act of 1961 (Federal Wire Act).[23]
