eChecks Stopped – DOJ Seizes $30 Million From Payment Processors
If you’ve tried to deposit with eChecks lately to any of the eCheck accepted poker sites you would have noticed the payment method had been removed from all poker sites and online casinos. According to CBS, an advocacy group for online poker has made allegations that the US federal government has seized over $30 million from payment processors who process player withdrawals
According to the news source, the PPA told the Associate Press that the US attorney instructed the Southern District of New York to freeze three bank accounts providing a seizure warrant last week to a San Francisco Wells Fargo branch. The same report states that an account held in Arizona owned by Allied Systems Inc. are subject to seizure and forfeiture “because they constitute property involved in money laundering transactions and illegal gambling offenses.” The letter was signed by Arlo Devlin-Brown, the assistant U.S. attorney for the Southern District of New York.
John Pappas, executive director of the PPA, called the DOJ’s move an “unprecedented action” against online poker players. The PPA will pursue every legal course available to ensure that poker players’ funds are not seized and their right to play poker online is protected,”
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