Ray Bitar was forced to surrender $40 million after pleading guilty to charges related to his time as CEO at Full Tilt, but avoided a prison sentence that is harsh.
Poker pro Allen Cunningham says that former Full Tilt CEO Ray Bitar is struggling with health conditions and hasn’t been residing the high life at all since his sentencing last year, despite what some poker fans may think. Those comments came within the middle of a TwoPlusTwo.com forums thread discussing the important points of the assets that Bitar was forced to forfeit as part of his punishment for crimes associated with their time as head of the infamous poker site.
‘According to my sources Ray Bitar is unlikely to live no more than a couple years and it is nearly penniless,’ Cunningham penned in a reply to the ‘conspiracy theorists’ whom advised that Bitar faked his heart related illnesses to get a more lenient deal last year. ‘He don’t get away with anything. That should be worth more than a nvger that is random gossip as I ended up being member of team complete tilt.’ [sic]
Guilty of Complete Tilt Charges
Bitar was sentenced April that is last to served after pleading guilty to charges of illegal Internet gambling and conspiracy to commit bank fraud and wire fraud. That sentence also included the forfeiture of $40 million in assets that had been based on his work on Full Tilt. At that time, Judge Loretta A. Preska noted that B Continue reading