This story was published more than 11 years ago.
Rafe Furst, a former shareholder of Full Tilt Poker has settled a civil suit with the U.S. Department of Justice, according to court documents that were filed this week.
As part of the deal, Furst will admit to no wrongdoing, forfeit funds, and pay a fine of $150,000 in additional funds. It will also be put on record that he was unaware of any unlawful activity that Full Tilt Poker was conducting. Funds taken from Furst will be added to the Full Tilt player refund program.
Furst was charged by the U.S. government of benefiting from $11.7 million in shareholder payments by the poker firm which was partially funded from player deposits.
Court papers indicate that Furst when all the scheduled payments are paid to the government that the case will be dismissed with prejudice, meaning that the government can no longer pursue the case against him. Furst will also be forced to have no business with any online gaming firms until those businesses are legalized by federal means.