Recently launched online poker group the Equity Poker Network has reported that it has successfully caught fraudulent players, confiscated money from the accounts, and repaid the victims of the fraud.
The announcement came last week, when Equity revealed that it had busted a collusion ring. Equity was tipped off to the fraud by suspicious transactions put in by the perpetrators. Those responsible had their account balances seized and accounts closed.
The victims of the ring were tracked down and have had their accounts refunded.
Equity released a statement regarding the issue, noting: “EPN will ensure that all players affected by this fraudulent activity are refunded, and the distribution of funds to these affected account holders will be facilitated shortly.”