Articles written by David Caruso
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Online poker site a Ponzi scheme that soaked players, U.S. alleges
NEW YORK - An Internet poker company that was blocked from operating in the United States in the spring as part of an online gambling crackdown was "not a legitimate poker company, but a global Ponzi scheme," federal prosecutors said Tuesday. The popular Full Tilt Poker website illegally raided player accounts to fund operations and make lavish payments to its owners, Justice...