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Authorities Finally Start Compensating Absolute Poker Victims
April 13th, 2017 by Fahad in

The Department of Justice has announced that it is going to start a compensation process for the victims of Absolute Poker website, which was seized in April 2011 by the US authorities amid indictment. On Monday, Joon H. Kim, Acting United States Attorney for the Southern District of New York, said in a statement that the DoJ had retained the Garden City Group (GCG) to oversee compensation for “eligible victims” of a fraud committed by Absolute Poker.

Garden City Group has launched an official website where people could find out more about the compensation process. A statement on the website says that GCG started notifying about 1.2 million potentially eligible victims of Absolute Poker’s conduct who have been identified using the data provided by Absolute Poker.

Absolute Poker was a part of Cereus Poker Network. The website was owned by Blanca Games, which acquired it from Tokwiro Enterprises. Cereus was one of the ten largest online Poker platforms. The website went out of business and operations after massive, countrywide indictments hit online Poker ecosystem in 2011.

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It is important to note that the DoJ has started Absolute Poker compensation process after giving back millions to the victims of Full Tilt Poker website, which was also one of the victims of 2011 indictments.  The license of Full Tilt Poker was suspended by the Alderney Gambling Control Commission on June 29, 2011. The compensation process of Full Tilt Poker website was also handled by GCG. However, about 83% of Full Tilt Poker players have been compensated as of now. Analysts warn that not every victim of Absolute Poker will be compensated.

Several players and Poker platforms are now confirming that Ultimate Bet/UB are included in the remission process of Absolute Poker victims.

Before its closure in 2011, Absolute Poker was involved in several cheating incidents. In 2007, a mysterious “superuser” account was spotted on the platform which used to allow one player to read the hole cards of another during a game. Similarly, the website was also involved in the famous Black Friday scandal.

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