More than six years after Black Friday, Absolute Poker co-founder Scott Tom is back in Antigua after serving a week long jail sentence for his role in the mother of all online poker scandals. Tom’s sentence was part of a plea deal that could have involved up to a year behind bars. Tom returned to…
A group of former Absolute Poker and UltimateBet players are set to divide more than $33 million in a settlement of accounts that were frozen on Black Friday. The surprise settlement will be administered by the Garden City Group and is a serendipitous result of another massive Black Friday settlement. The Absolute Poker UltimateBet settlement…
Absolute Poker co-founder, Scott Tom has struck a deal with US federal prosecutors for his role in the Black Friday scandal of 2011. It's a pretty good hand for Tom, who has successfully negotiated felony fraud charges down to a single misdemeanor. Tom was indicted on a number of felony charges nearly six years ago…
The US Department of Justice is offering a new compensation program aimed at reuniting former Absolute Poker players with the money that's been sitting in their accounts since the site was shuttered on Black Friday. Yesterday afternoon acting US Attorney for the Southern District of New York Joon H. Kim announced the plan, which will…
