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In April, former Full Tilt Poker CEO Ray Bitar(pictured) pleaded guilty to conspiracy for his role in the online poker site's financial debacle and was sentenced to time served despite facing three-and-a-half decades behind bars. The reason: a potentially fatal heart condition that gave him a 50% chance of living less than a year. Six months later, his health condition seems to be status quo, but details of his $40 million forfeiture have been released. According to FlushDraw, "The $40 million was comprised of funds seized or surrendered from 18 separate bank accounts under Bitar's control located in Scotland, Ireland, Malta, Germany, and… Dallas, Texas." The same site reported the specific list of banks as follows: Two numbered accounts at the Royal Bank of Scotland International (Scotland) Three accounts at the Bank of Ireland (Ireland) One account at the Bank of Scotland Ireland, Inc. (Ireland) Two accounts at National Irish Bank (Ireland) One account at Allied Irish Bank (Ireland) Five accounts at Bank of Valletta (Malta) Two accounts at Wirecard Bank AG (Germany) Two accounts at Comerica Bank (Dallas) FlushDraw added that Bitar gave up property around North America, including in California, Indiana, and Bermuda. He also relinquished shares in various companies. With the property and assets evaporated, Bitar's life is reportedly in shambles. To that end, former Full Tilt Poker pro Allen Cunningham (pictured) commented on TwoPlusTwo, "To all the conspiracy theorists: according to my sources, Ray Bitar is unlikely to live more than a couple years and is nearly penniless. He didn't get away with anything." Cunningham added that Bitar has not yet addressed his heart ailment and, to use his words, is "dying." He explained, "I feel like that's not getting away with it in a karmic way at least. And especially in contrast to the conjecture at the beginning of the thread that he had hidden accounts and faked the heart problem. I would trade places with any of his victims over him. Some people still haven't gotten paid and it's mostly Ray Bitar's fault, but he isn't benefiting from it." Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook. You can also subscribe to our RSS feed.
Updated March 26, 10:30 AM ET Nearly nine years after the United States Government Department of Justice charged the owners of PokerStars, Full Tilt Poker, and Absolute Poker with operating illegal gambling businesses, in what became known in the poker world as Black Friday, the final defendant has pleaded guilty. Isai Scheinberg, the 73-year-old founder of PokerStars, plead guilty on Wednesday to one count of operating an illegal gambling business. He now faces a maximum of five years in prison. [ptable zone="888poker"][ptable zone="Party Poker NJ"][ptable zone="Global Poker Article Ad"] “Ten years ago, this Office charged 11 defendants who operated, or provided fraudulent payment processing services to, three of the largest online poker companies then operating in the United States – PokerStars, Full Tilt Poker, and Absolute Poker – with operating illegal gambling businesses and other crimes. As Isai Scheinberg’s guilty plea today shows, the passage of time will not undermine this Office’s commitment to holding accountable individuals who violate U.S. law,” Manhattan U.S. Attorney Geoffrey S. Berman said. Scheinberg will be sentenced at a later date. "Mr. Scheinberg is pleased to put this matter behind him and that all charges other than violating the 1971 Gambling Act have been dropped. Notably, all PokerStars players were paid back immediately and Mr. Scheinberg played an important role in ensuring that all of the players from other sites were repaid as well," read a statement released by a representative of Scheinberg. In January, Scheinberg flew from Switzerland to New York City after negotiating with the U.S. government over the previous three months. During his first court appearance, federal prosecutor Olga Zverovich told a hearing that Scheinberg had been negotiating with the government and had an "agreement in principle" at the time. Scheinberg founded PokerStars in 2001 and grew the company into the largest online poker operator in the world. In the aftermath of Black Friday, the company continued to operate outside of the United States and eventually settled a civil lawsuit with the U.S. government by paying a $731 million fine. Scheinberg sold the company to a group lead by David Baazov in 2014 for $4.9 billion. The other 10 charged on Black Friday, Ray Bitar, Scott Tom, Brent Beckley, Nelson Burtnick, Paul Tate, Ryan Lang, Bradley Franzen, Ira Rubin, Chad Elie, and John Campos had all previously dealt with their charges.