DoJ: FTP Claims Administrator to Begin Work in January 2012

Posted on November 21st, 2012 by Todd Wilkins

DoJ: FTP Claims Administrator to Begin Work in JanuaryThe U.S. Department of Justice (DoJ) announced that a claims administrator for the Full Tilt remission process will be hired and begin working in January.

That good news follows last week’s bad news issued by Poker Players Alliance (PPA) Executive Director John Pappas after meeting with DoJ officials and releasing a statement that said unfortunately, completion of a refund claims process is a long way away. That lengthy wait for U.S. players to be reunited with their frozen Full Tilt funds just became a little shorter, although an exact timetable to submit claims is still unclear.

One would like to think that Pappas’ sit-down with DoJ honchos prompted the asset forfeiture and money laundering division of the DoJ into action. At least an announcement has been made regarding the stage in which the DoJ currently sits in the process. The PPA was hoping that the DoJ would henceforth be more communicative to the public so that players would not continue to wonder about their funds. To that end, consider it a success that the DoJ released the following Victim Update:

The United States Attorney’s Office for the Southern District of New York is evaluating applicants for the position of Claims Administrator to handle petitions for remission for U.S. victims of the alleged fraud that Full Tilt Poker committed relating to player funds. The United States Attorney’s Office expects that the Claims Administrator will be selected and begin work in January 2013.

Whether begin work means accepting claims from American players is another story entirely. Pappas pointed out in his statement last week that even when a claims administrator is hired, forfeiture and remission procedures require that a substantial administrative process be adhered to before players begin seeing their funds.

The DoJ has yet to announce whether players will receive the entirety of their account balances. That probably won’t be known until after a firm is hired to oversee the facilitation of reimbursement. So it is safe to assume that the DoJ won’t be making another announcement for at least a couple months. But at least they issued the latest statement, which is progress, albeit very minor.

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