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HEADLINE: Pokerstars , Fulltilt Poker, AbsolutePoker and UB Seized By DOJ

Story:
It finally happened, everyone knew it was coming. Hell where are we going to play now. Amazing that you can buy any type of porn you want or any type of drugs on the net but God forbit you play a $5 sit and go you cant. Anyone in the USA can walk in to a grocery store and buy $1000 worth of lottery tickets, or go online and bet your life savings on a horse, but play a $1 buy in tournament and you cant. Federal authorities unsealed an indictment Friday against the founders of the three largest internet poker companies operating in the U.S.

The indictment charges eleven defendants, including the founders of PokerStars, Full Tilt Poker, and Absolute Poker, with bank fraud, money laundering, and illegal gambling offenses, according to Federal authorities in New York.

Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement.

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