U.S. Will Outsource Full Tilt Player Payments

This story was published more than 11 years ago.

The United States Department of Justice has posted an employment opportunity on its website looking for an Independent Claims Administrator to take on the responsibility of paying players who were victimized in the Full Tilt Poker debacle.

The posting reveals that there could be 1.3 million "potential U.S. victims" and that player account balances currently total $159 million. Those funds are being held by the government as part of a deal that saw poker giant PokerStars in its recent Full Tilt Poker acquisition deal.

Interested applicants will have the proper qualifications and furnish information on proposed fees as well as any previous relationships that could impact the payment of player account balances.

The posting also states that the winning applicant will work with the DoJ's Southern District of New York and the Asset Forfeiture and Money Laundering Section in order to “design and execute a process to solicit, receive and evaluate claims, and to process payments, for losses incurred by U.S. victims that are attributable to the fraud alleged. In so doing the Claims Administrator will obtain and evaluate information, such as financial transaction records, from claimants, and analyze information contained in user account records provided in database and other format by Full Tilt Poker.”