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 harsh prison sentence.
Poker pro Allen Cunningham says that former Full Tilt CEO Ray Bitar is struggling with health problems and hasn’t been residing the life that is high all since his sentencing this past year, despite what some poker fans may think. Those comments arrived within the center of a TwoPlusTwo.com forums thread discussing the details of the assets that Bitar was forced to forfeit as part of his punishment for crimes related 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 composed in a reply to the ‘conspiracy theorists’ who suggested that Bitar faked his heart problems to get a more lenient deal year that is last. ‘He did not escape with anything. That should be worth more than a nvger that is random gossip when I was member of team complete tilt.’ [sic]
Guilty of Full Tilt Charges
Bitar had been sentenced last April to time served after pleading guilty to charges of illegal Internet gambling and conspiracy to commit bank fraud and wire fraudulence. That sentence also included the forfeiture of $40 million in assets that were derived from his work at Full Tilt. At the time, Judge Loretta A. Preska noted that Bitar would ha Read More