The online poker community last month applauded Account Services, an online poker payment processing, for filing a motion for return of property states. The action alleges that the US Attorney’s Office out of the Southern District of New York froze several million dollars of funds belonging to customers of both Full Tilt Poker and PokerStars. The two online poker rooms utilized Account Services to transfer funds to and from customers.
The Account Services motion for return of property states, “The warrant [for Union Bank] was issued 12 days after the seizure, on the basis of an affidavit filed under seal by Dana Conte, Special Agent of the Federal Bureau of Investigation. The affidavit remains under seal. As of the date of this filing, no criminal or civil action, including forfeiture, has been initiated with regard to this seizure.”
But an individual connected with Account Services, Douglas Rennick, was indicted last week and this could change the dynamics of any fight lodged against the US Attorney’s Office.
One individual (declining to be named) who has had dealings with Rennick in the past described him to Gambling911.com as “a pussy who will roll over so fast for the Feds. This action by Account Services will probably not go very far.”
Those close to the case insist that the U.S. Government does not have a leg to stand on.
“She (Agent Conte) contradicts what is contained in the indictment,” this individual told Gambling911.com on the condition of anonymity. “The indictment throws in online casinos and bingo because they (the US Government) know they cannot win if this is solely about online poker transactions.”
A New York Circuit Court rendered a decision in favor of Costigan Media (parent company of Gambling911.com) this week, allowing their Motion to Intervene and unseal seizure warrants associated with this matter. The initial ruling allowed for redactions but the Court is expected to decide whether some of the concealed contents can be made public now that an indictment has been handed down.