DOJ to Select Claims Administrator for FTP Remission Process by January 2013
Posted at 21:00 2012-11-21 by PokerNetwork Staff
The United States Attorney’s Office for the Southern District of New York released a brief statement on its website late Tuesday updating the status of the Full Tilt Poker remission process for U.S. players. In the Victim & Witnesses section it stated:
"The United States Attorney’s Office for the Southern District of New York is evaluating applicants for the position of Claims Administrator to handle petitions for remission for U.S. victims of the alleged fraud that Full Tilt Poker committed relating to player funds. The United States Attorney’s Office expects that the Claims Administrator will be selected and begin work in January 2013."
The latest announcement comes months after news broke that the Department of Justice was seeking help from a third-party payment processor to oversee the Full Tilt Poker remission process for customers in the U.S. According to an employment notice listed the Department of Justice website, the government was looking for a "claims administrator" to help with the repayment of Full Tilt Poker players. The description of the position called for the selected party to "design and execute a process to solicit, receive and evaluate claims, and to process payments, for losses incurred by U.S. victims that are attributable to the fraud alleged in the above complaint."
The claims administrator is expected to obtain and evaluate information from claimants, and analyze information contained in user account records at Full Tilt Poker. The application process for the said position closed on Aug. 31.
This appears to be good news for U.S. players after last week's meeting between the DOJ and the Poker Players Alliance. Following a long discussion between the two sides, PPA Executive Director John Pappas reported that the completion of a refund claims process was a "long way away" and there was no date set for selecting a third-party claims administrator. At the time, Pappas said it was clear that "no decisions have been made at the DOJ regarding the manner of repayment of player balances."
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