Poker News - PokerMonger.com |
|
|
Bouncing Checks Players who have been logging onto Full Tilt Poker and Absolute Poker these days and tried to use Instant eCheck might be met with some difficulty and inconvenience since the Department of Justice has targeted the company that processes the payments for those websites. Many players have already tried to cash these checks and found that they have bounced, and then had to pay fees and penalties at their banks as a consequence. Even though the players are only trying to cash a legitimate check of their winnings on the online poker casino websites, they are the ones being penalized for the payment processor’s legality being in question. Without warning the Department of Justice seized funds from a handful of banks this week, and has overstepped several boundaries by skipping due process and warrants altogether. The government here in the United States is trying to communicate a clear message that online poker casino websites are illegal in the country. However the law does not clearly state that fact, and instead has banned the financial transactions. Still it charges the credit card companies with deciding what constitutes an illegal transaction, and not the player, so the player can still cash a check without a problem. Many players and operators thought, quite rightly, that their money would be safe through a combination of out of the country accounts and third party transactions, but it looks like the Department of justice has shattered that perception in one fell swoop. To further the confusion, players at some poker sites have been confused between eCheck and Instant eCheck, which has never been a problem until now that only Instant eCheck has been stymied. Back to June 2009 Archive. |
|
| Poker.com | Paradise Poker | Absolute Poker |