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 Comprehensive Tilt CEO Ray Bitar is struggling with health issues and hasn’t been living the high life at all since his sentencing a year ago, despite what some poker fans may think. Those comments came in the middle of a TwoPlusTwo.com forums thread discussing the facts of the assets that Bitar was forced to forfeit as an element of his punishment for crimes linked to his 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 wrote in an answer the ‘conspiracy theorists’ who advised that Bitar faked his heart problems to get a more lenient deal last 12 months. ‘He did not break free with anything. That should be worth more than a nvger that is random gossip as I had been member of team complete tilt.’ [sic]
Guilty of Complete Tilt Charges
Bitar ended up being sentenced April that is last to served after pleading guilty to costs of unlawful Internet gambling and conspiracy to commit bank fraud and wire fraud. That sentence also included the forfeiture of $40 million in assets that were produced by his just work at Full Tilt. At that time, Judge Loretta A. Preska noted that Bitar w Continue reading Full Tilt CEO Ray Bitar in Ill Wellness and Near Destitute, Allen Cunningham Says