Federal Authorities Freeze Bank Accounts

In America, Federal authorities in the eastern state of New York have frozen bank accounts belonging to some 27,000 online poker players said to be worth up to $34 million.

The accounts are managed by Allied Systems Incorporated and Account Services, which handle cash for popular online poker sites including FullTiltPoker.com, PokerStars.com, UltimateBet.com and AbsolutePoker.com.

The money in these accounts belongs to the poker players, it is held for them by the two service companies and can be withdrawn when they cash out.

Account Services revealed that it had an account worth $15 million frozen last week in San Francisco that, as a result, will see thousands of players that received cheques from the firm unable to cash them.

A former US Senator from New York and Chairman for the Poker Players Alliance advocacy group: “The payment processor funds frozen by the Southern District Of New York belong to individual poker players, not operators of poker websites, and do not represent the proceeds of any gambling activity much less illegal gambling activity. .

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